According to reports, customers of TSMC (2330-TW) have recently heard cut orders. Quarkcomm, MediaTek (2454-TW), Xilinx, and nVIDIA are known to cut their orders, and they were shocked by the second quarter. Lee grows. In addition, the supply of TSMC's 40- and 45-nanometer products was quite tight, causing some customers to transfer 40-nanometer orders to UMC (2303-TW), which will benefit UMC.
"Apple Daily" reported that Citigroup Global Semiconductor analyst Xu Zhenzhi pointed out that the current demand for large-size panel driver ICs and communication chips is not good. The order of TSMC's 65nm process is not as strong as expected, but 40 and 45nm are still available. It was tight, and some customers therefore transferred orders of 40 nanometers to UMC.
Xu Zhenzhi said UMC’s shipments from TSMC’s customers were only 1 to 4 percent lower in the first quarter than in the fourth quarter of last year, and the average selling price (ASP) was reduced by 1 to 5 percent. The order visibility of UMC reached the second quarter, and the second-quarter revenue was higher than the first quarter.
According to market analysis, due to the hot sales of smart phones, the demand for traditional feature phones was excluded, while the poor buying in the emerging markets and the replacement of enterprises were not as expected, resulting in a rise in the supply chain inventory of mobile phones and personal computers.
Michael Liu, an analyst at Macquarie Semiconductor, pointed out that the upstream chip makers recently began to adjust their inventory, and their orders became more conservative and some of their previous orders were cancelled. Since the affected wafer manufacturers are major customers of TSMC, Macquarie believes that this will affect future wafer shipments. Therefore, it was previously estimated that TSMC's wafer shipments in the second quarter could grow by 10-12%, but now its outlook has become conservative and the quarterly growth rate is expected to be halved to 5%.
Yan Zijie, a semiconductor analyst at Goldman Sachs Securities, said that since the new upstream production capacity has continued to break out, the semiconductor inventory level has once again touched historical highs, short-term adjustments to the inventory of the pain period, especially the biggest impact on the upstream foundry foundry.
"Apple Daily" reported that Citigroup Global Semiconductor analyst Xu Zhenzhi pointed out that the current demand for large-size panel driver ICs and communication chips is not good. The order of TSMC's 65nm process is not as strong as expected, but 40 and 45nm are still available. It was tight, and some customers therefore transferred orders of 40 nanometers to UMC.
Xu Zhenzhi said UMC’s shipments from TSMC’s customers were only 1 to 4 percent lower in the first quarter than in the fourth quarter of last year, and the average selling price (ASP) was reduced by 1 to 5 percent. The order visibility of UMC reached the second quarter, and the second-quarter revenue was higher than the first quarter.
According to market analysis, due to the hot sales of smart phones, the demand for traditional feature phones was excluded, while the poor buying in the emerging markets and the replacement of enterprises were not as expected, resulting in a rise in the supply chain inventory of mobile phones and personal computers.
Michael Liu, an analyst at Macquarie Semiconductor, pointed out that the upstream chip makers recently began to adjust their inventory, and their orders became more conservative and some of their previous orders were cancelled. Since the affected wafer manufacturers are major customers of TSMC, Macquarie believes that this will affect future wafer shipments. Therefore, it was previously estimated that TSMC's wafer shipments in the second quarter could grow by 10-12%, but now its outlook has become conservative and the quarterly growth rate is expected to be halved to 5%.
Yan Zijie, a semiconductor analyst at Goldman Sachs Securities, said that since the new upstream production capacity has continued to break out, the semiconductor inventory level has once again touched historical highs, short-term adjustments to the inventory of the pain period, especially the biggest impact on the upstream foundry foundry.
Xinshengyang Opto-Electronics Technology Co., Ltd. , http://www.junsunlight.com