According to a report from Taiwan Media Economic Daily, Chen Jianyu, Chief Analyst of research and research firm Omdia, the semiconductor industry is still in the inventory correction stage, and it is expected that the capacity utilization rate of wafer foundries will bottom out in the first half of the year and slowly recover in the second half. TSMC is expected to increase revenue by 22.5% next year due to the price increase of advanced manufacturing processes.

 

Chen Jianyu stated that the current inventory correction situation of IC design factories is different. Some manufacturers have already corrected the time for 3 quarters, while others have not yet corrected, and inventory continues to climb. Due to the continuous inventory adjustment in the industrial chain, it is expected that the revenue of wafer foundries in the second quarter may further decline, but the decline is expected to narrow.

 

Chen Jianyu expects that due to sluggish market demand, the operational growth of wafer foundries in the second half of the year will still be limited, and capacity utilization will only slowly recover. Looking forward to operating this year, he stated that 2023 will be a very challenging year for wafer foundries.

 

Previously, UBS analyst Sunny Lin stated that entering 2023, TSMC was unable to avoid industry inventory digestion and terminal demand correction. Due to weak consumer demand and slower growth in high-performance computing, we have lowered its revenue forecast for 2023 from a growth rate of 3% to a year-on-year level.

 

TrendForce, a market research firm, pointed out in its latest report that due to the continued weakness of terminal demand and the multiplier effect of off-season, the revenue of the top ten global wafer foundries in the first quarter of 2023 decreased by 18.6%, to approximately $27.3 billion. All manufacturers on the list experienced a decline in revenue, with Samsung experiencing the largest decline of 36.1%. TSMC ranked first with a revenue of 16.74 billion US dollars, a decrease of 16.2% in the quarter. The utilization rate of TSMC's 7/6nm and 5/4nm production capacity significantly decreased in the quarter.