Source: Reference News Network
According to the Singapore Lianhe Zaobao website on October 26, Wei Zhejia, president of Taiwan Instrumental Circuit Manufacturing Co., Ltd. (TSMC), sent a rare letter to encourage employees to take leave. It was interpreted by the market as TSMC's orders declined, and capacity utilization rate fell, causing TSMC's stock price to fall again, with a drop of 4.13% on the 25th.
According to Taiwan media reports, Wei Zhejia told employees to take more vacations to get along with their families and continue to work hard after taking vacations to recharge.
reported that, however, since TSMC is mass-producing the 3-nanometer series, Hsinchu Baoshan, Tainan factories and other personnel are not included in the scope of "encouraging vacations". In addition, relevant personnel of the R&D factory are still in the process of tightening the wind.
reported that although TSMC only recently released its outlook at the legal person briefing, industry insiders believe that Wei Zhejia sent a letter to encourage employees to take holidays, which is more specific than the legal person briefing, "it means that the orders are looser and there is no need for so much manpower." It can be called "a final decision" and set the tone for the trend.
It is understood that some supply chain manufacturers have been cut recently, and the order momentum is also weak in the first quarter of next year.
reported that TSMC continued to decline on the 25th, closing at 371 yuan New Taiwan Dollar (note: 1 New Taiwan Dollar is approximately 0.22 yuan), a drop of 4.13%. The day before, TSMC American depositary receipt (ADR) closed at $61.29, down 3.86%.
TSMC ( Xinhua News Agency )
report pointed out that TSMC occupies an important position in the global semiconductor supply chain, and is like a parent of food and clothing for many Taiwanese factories. Relevant supply chain people admitted that some of TSMC's production capacity has "been gradually less full", including 8-inch and 12-inch production capacity. "If TSMC is good, we will be fine; if TSMC is not good, we will not be much better."
reported that TSMC has previously confirmed that the 7-nanometer series is expected to be affected by the adjustment of semiconductor inventory and weak demand for smartphones and computers. The capacity utilization rate has begun to decline since the fourth quarter of this year, and the situation will continue to the first half of 2023. At the same time, it will lower capital expenditure this year for the second time, downgrading to about US$36 billion.
reported that even though TSMC expects revenue to still have a chance to hit a new high this quarter, the industry also believes that judging from the wafer foundry production schedule, it is estimated that in three months, that is, the first quarter of next year, the output will decrease. That will be a key time point to observe TSMC being affected by this wave of adjustment. (Source: Reference Message Network)
