TSMC liudeyin: do not worry about semiconductor inventory correction and cooperation between the United States, Japan and South Korea. This year's performance will increase by 30%!

6 month 9 Daily news , Yesterday TSMC held its shareholders' meeting , Liu Deyin, chairman of TSMC 、 Weizhejia, President of TSMC, and other senior executives attended the meeting . Although smartphones 、PC When the market demand slows down , However, TSMC is still optimistic about this year's operation performance and future prospects . Liu Deyin said , At present, TSMC's production capacity is still very full , This year's revenue is expected to grow year on year 30%. Weizhe family also said , TSMC is in an excellent position , Master structural growth .

The following is a summary of the shareholders' meeting of TSMC 7 Major key points ：

1、 How does inflation affect demand ？

At present, global inflation is indeed continuing , The recent conflict between Russia and Ukraine and the closure and control of the epidemic in the mainland , The resulting supply constraints are one of the reasons .

Liu Deyin said , Inflation is still high , But it has slowed down , It has no direct impact on the semiconductor industry , It may affect the demand over time , Will be closely observed . As for the mainland, the containment of the epidemic has slowed down economic growth , Views that drag down the global economic downturn , Liu Deyin said , It is not an overall decline , The mainland is growing stronger than the United States , Even if the customer has a high inventory , However, TSMC can still cope with the growth of its performance .

Liu Deyin stressed , Although the current consumer electronics and computer demand is weak , Semiconductor industry chain inventory correction is also in progress , But the demand for automotive and high-performance computing is stable , Some are beyond the supply capacity , TSMC continues to revise its production plan , Carry out product shipment conversion , The production capacity is still very full .

If memory chips are not included , The global semiconductor market revenue will grow this year 9%, The growth of wafer manufacturing market is about 20%, TSMC's revenue will grow this year 30% about . Customers have strong demand for advanced and special processes , Will drive performance growth .

2、 future 5~10 Annual growth direction and vision ？

Digital transformation of human life , In addition, the content of smart phones and automotive semiconductors has increased rapidly , The future of semiconductor industry 10 There is a good chance in . TSMC will take advantage of the growth opportunities of the semiconductor industry , Promote TSMC's growth , Leading technology is very important . TSMC cultivates 30 many years , And independent research and development , Now in the leading position in technology .

The characteristic of the semiconductor industry is that no matter how much it costs 、 How many people , Can not be imitated , It takes years to accumulate , TSMC 20 Years ago , The technology is about two generations away from the most advanced technology , It took 20 Years before surpassing , This is the result of independent research and development .

TSMC will not take it lightly , R & D expenditure will continue to increase , TSMC 3nm The manufacturing process is quite advanced ,2nm It's developing , Looking for solutions .

I hope TSMC has the ability to absorb talents from all over the world , After rapid growth, we will move towards the global layout . TSMC's responsibility is to release semiconductor innovation energy , Customers need TSMC's technology to produce products , I hope TSMC will become the world's TSMC , Unleash innovation around the world .

5G And high performance computing related applications , High performance calculation for TSMC 、 A smart phone 、 Strong demand for automotive electronics and Internet of things related applications , TSMC is in an excellent position , Master structural growth .

3、 Whether to increase the foundry price of wafers ？

Earlier, it was reported in the industry that TSMC had informed its customers that it would 2023 year 1 The foundry price of wafers will be raised in an all-round way from June 5%-8%. Regarding this , TSMC representation , The pricing strategy is well communicated with the customer , It doesn't depend on the actions of other competitors , It depends on the strategy, not the immediate response of the market , Provide considerable value to help customers succeed , Of course, they also get good returns .

4、 How about the progress of new plants in the United States and Japan and the evaluation of plant construction in Europe ？

At present, TSMC's Arizona wafer plant in the United States and Kumamoto wafer plant in Japan are under construction . In addition, there were rumors that TSMC was considering building a wafer factory in Europe . Regarding this , TSMC representation , It will continuously evaluate the possible plant construction schemes in various regions , The main consideration for overseas factory construction is customer demand , TSMC has started to build factories in the United States and Japan , Few customers in Europe , At present, it is still under evaluation , There is no specific plan .

In addition, the subsidy for the Arizona wafer plant under construction , TSMC replied that , Related subsidies are still under discussion in Congress , It will not affect the construction progress of the American factory .

Liu Deyin stressed , TSMC has been communicating with the United States for a long time , Although the US chip bill is still being discussed between the Senate and the house of Representatives , But the United States is also aware that the revival of the local semiconductor industry can not rely solely on local semiconductor plants , There must be other external investment , So I don't worry that the US government may only subsidize the local semiconductor industry in the future .

In addition, shareholders also asked whether the cost of building factories in the United States has increased significantly , Liudeyin pointed out , The cost of building a factory in the United States is higher than expected , But TSMC can still cope .

In terms of talent recruitment for American factories , Liudeyin said frankly , The recruitment of local semiconductor manufacturing talents is indeed more difficult than that in Taiwan , But they have reached the desired number . But the new factory has a new learning curve , TSMC also spent a lot of time studying , The number of local Fabs is less than that of Taiwan , The supply chain is not as complete as Taiwan , After TSMC, intel 、 Samsung and other competitors will also set up factories , The local supply chain will be more competitive .

As for the progress of Kumamoto wafer factory in Japan , There are rumors. , Before, Shanghai was closed down for epidemic prevention , This has affected the postponement of mass production of TSMC's Kumamoto wafer factory in Japan . Regarding this , Liudeyin denied . Liu Deyin stressed , The progress of Kumamoto wafer factory will be carried out according to the original schedule .

In terms of talent recruitment of Kumamoto Wafer Factory , Liudeyin pointed out , There are relatively few semiconductor factories in Japan , Few semiconductor manufacturing talents have been trained , But there are not many scientific and technological talents in Japan . Through cooperation with TSMC , In particular, some personnel were sent to Taiwan , Learning together with Taiwanese employees can meet the needs , TSMC can also absorb . Because Kumamoto wafer factory is TSMC and Japan SONY And Denso cooperation , Current demand 28nm Process , The future will advance 16nm. In the future, it is not excluded to add an update process .

Liu Deyin said , On the whole , TSMC will continue to implement the plan , We will also evaluate the finance at any time , To achieve long-term gross profit margin 53% No problem .

5、 How to view the cooperation between the United States, Japan and South Korea ？

US President Biden recently visited Japan and South Korea , Discussed various cooperation , Draw attention to . There is a view that , The United States has courted Japan and South Korea for cooperation in the semiconductor field , To reduce dependence on Taiwan's semiconductor industry .

before , US Secretary of Commerce Raymond （Gina Raimondo） In Davos, Switzerland （Davos） The world economic forum also pointed out in an exclusive interview , The most sophisticated chips in the United States are as high as 70% All from Taiwan , It's really not safe , Call on Congress to quickly pass the US chip act （Chips for America Act）, To speed up the development of the local chip manufacturing industry .

So how do you view the cooperation between the United States, Japan and South Korea ？

At this TSMC shareholders' meeting , Liu Deyin said , US President Biden visited Japan and talked about semiconductor cooperation with South Korea, but did not come to Taiwan , But actually , The United States and Taiwan have always had substantial cooperation , Including trade 、 technology 、 Semiconductor supply chain, etc . The goal of cooperation between the United States, Japan and South Korea is not to surpass TSMC , But to ensure the stability of the supply chain , Safeguard US trade 、 Technological growth , Taiwan is definitely part of the cooperation , It will not be a threat to Taiwan . Many of TSMC's customers are from the United States , More cooperation is welcome , Nor is it a threat . Visiting Japan and South Korea is just a formality , Don't worry about the outside world .

in addition , Liudeyin also supports , TSMC has long begun to strengthen the localization of its supply chain in Taiwan , The future also continues , With parts 、 service 、 material 、 Strengthen the localization of back-end equipment , Lift Taiwan's economy .

6、 How to view geopolitical risks ？

TSMC representation , Will communicate with governments of various countries and regions , It also includes Taiwan, China , Taiwan also respects TSMC's business decision , At present, the strain is continuously observed , Please rest assured .

7、 Worried about power shortages ？

Last summer , There is a serious power shortage problem in Taiwan , Will TSMC worry about power shortage this year .

Liu Deyin said , Don't worry about having no electricity to produce , TSMC has a long-term plan for more than ten years in terms of power, together with the Ministry of economy and Taipower . But the phenomenon of easy power tripping is indeed seen now , The government is trying to adjust , TSMC is also trying to cope with .

Each plant area of TSMC has standby power , It's a diesel generator , The government also hopes that when power supply is in danger , TSMC cooperates to start power generation to Taipower grid , Let ordinary people have more stable electricity , This part will continue to be done .

TSMC will continue to increase reserve power in the future , In addition to adding diesel generators , It will also expand the reserve energy , Generators including natural gas , Are possible ways to cope with future power shortages , TSMC continues to cooperate with the government , Is the present progressive .

edit ： Smart core - Ranger sword source ：technews