Science & Technology

TSMC Announces Japanese Chip Factory, Shows “Tight” Production Capacity Throughout 2022

TSMC announced on Thursday plans to build a new factory in Japan to meet its long-term desire for chips, and supply could be tight in the short term as demand surges during the COVID-19 pandemic. Said that was high.

TSMC, The world’s largest contract chip maker, AppleSaid to set up a chip factory in Japan that uses old chip manufacturing technology, a segment that is currently in serious supply shortage due to strong demand from automakers and high-tech companies. However, production from the factory may begin by the second half of 2024.

The company and Taiwan have generally become central to efforts to resolve the global chip shortage caused by pandemics, with automakers cutting production and hurting smartphone, laptop and consumer electronics makers.

“TSMC works closely with our customers to plan our capabilities and invest in cutting-edge and specialized technologies to support their demands,” said CC Wei, CEO. Spoke to an online earnings briefing after making third more than expected profits. quarter.

He said the expansion plan in Japan was awaiting approval by the company’s board of directors and refused to disclose details such as spending and capacity.

TSMC posted a net profit of NT $ 156.3 billion from July to September. This is well above the average of 22 analysts compiled by Refinitiv, which is NT $ 149 billion. That was 13.8 percent higher than the same period last year.

Officially known as Taiwan Semiconductor Manufacturing Co, TSMC’s advanced chips are used in everything from Apple’s newly announced high-end smartphones such as 5G. iPhone 13For artificial intelligence, automobiles, and various low-end consumer goods.

Wei said TSMC’s capacity will remain “tight” throughout this year and 2022, and by adding chip pricing, “it will remain strategic, not an opportunity to reflect our value creation.” Told.

“Third-quarter business was driven by strong demand primarily across all four growth platforms,” ​​said Wendell van, Chief Financial Officer, for smartphones, automobiles and the Internet of Things (home). Mentioned strong chip demand such as device connection concept). On the internet.

“In the fourth quarter of 2021, we expect strong demand for industry-leading 5 nanometer technology to support our business.”

The company raised its 2021 revenue growth forecast to around 24% because of the “industry megatrend” of strong chip demand, but earlier forecasts were above 20%.

Wei said the company has entered a period of “higher structural growth” and has set a long-term profit margin target of “more than 50%.”

TSMC’s quarterly revenues increased 22.6% to $ 14.88 billion, up from the company’s previous estimate of $ 14.6 billion to $ 14.9 billion. I am doing it. 11,780 Chlore).

TSMC forecasts revenues for the quarter ending December to be between $ 15.4 billion and $ 15.7 billion. In comparison, revenue for the same period was $ 12.68 billion. 1 year ago.

TSMC’s stock has risen about 8.5% so far this year, with a market value of $ 526.3 billion, more than double that of its competitors and clients Intel.

They closed at 0.4% on Thursday. This is in close agreement with the 0.2% increase in the broader market.

© Thomson Reuters 2021


TSMC Announces Japanese Chip Factory, Shows “Tight” Production Capacity Throughout 2022

https://gadgets.ndtv.com/mobiles/news/tsmc-chip-plant-japan-announce-shortage-tight-capacity-2022-taiwan-apple-2576215#rss-gadgets-mobiles TSMC Announces Japanese Chip Factory, Shows “Tight” Production Capacity Throughout 2022

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