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Semiconductor Will Be Down Next Quarter
TSMC, ASE, silicon products, and other semiconductor manufacturers generally agreed that the semiconductor will be down at the end of the first quarter of next year, then picked up at the second quarter, the local IC industry will begin to start fighting back.Semiconductors worsened this year,the chairman of TSMC , Morris Chang had forecast inventory adjustment gonna finish, but since the European debt problems suspicions has not yet subsided, consumer willingness to buy from customers has no significant recovery in overall demand,it remained weak .Despite the recent housing starts, sales performance and consumer confidence, unemployment and other economic indicators have good news, the semiconductor orders in North American also turn up, but the overall mentality of the semiconductor industry inventory correction is still concentrated.TSMC, ASE, Powertech and other semiconductor foundry, IC packaging and testing leading emphasized, due to fewer working days in the first quarter of next year, besides,it is the traditional off-season, the overall semiconductor industry will probably return to warm at the second quarter , and manufacturers speed up the layout of new products, then there will have a chance to rise significantly.The chairman of Powertech said that if no recovery in global economic in the second quarter of next year, there will be multiple vendors to face closure.The chief analyst of semiconductor industry from Barclays Securities in Asia Pacific,Xingzhi Lu also maintains negative view of the semiconductor industry, he stressed,companies including TSMC and UMC will face excess capacity, low capacity utilization problem at the first pre-season next year,it is estimated to gradually recover at the second quarter of next year.But Xingzhi Lu is optimistic about development of MediaTek in the next two to three years, he believes that compound annual growth rate of profit for MediaTek in next two to three years will be 17% or more.

 

    
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