TSMC's Chang Forecasts Brighter 2010 Semiconductor Market
Taiwan Semiconductor Manufacturing Co. (TSMC) Chairman Morris Chang forecast on Mar. 22 at a forum arranged by Goldman Sachs & Co. the global revenue for the semiconductor market to rise at annul rate of 22% this year, better than the 18% he estimated in late January.
The guru of semiconductor industry also elaborated on at the meeting his recent projection that the market's growth would slow down in the second half of this year by saying that compared with the impressively high growth base of the market in the second of last year the growth pace would be relatively low in the second half this year.
He concluded the growth of the market would stay on course this year and maintain at "quite high pace."
Chang estimated Taiwan government to allow the island's chipmakers to open 300-mm wafer fabs in the mainland in one to two years from the normal three to four years of time lag of Taiwan's mainland-bounded investment policy behind U.S. policy.
Prominent attendees also include HTC Corp. Chairperson Cher Wang, MediaTek Inc. Chairman M.K. Tsai, Acer Inc. Chairman C.T. Wang, and Advanced Semiconductor Engineering Inc. (ASE) Chairman Jason Chang.
HTC's Wang said at the forum that although smartphone has become the mainstream product of mobile phone market, the growth of the market has just begun and the market would not turn into a "red ocean" competition arena from "blue ocean" as it would persistently expand.
ASE's Chang pointed out that investment focus of chip packaging and testing houses will be on copper interconnect process this year as gold interconnect process has become increasingly expensive because of surged gold prices.
Acer's Wang pointed out that the convergence of computer, communication, consumer electronic and car (4C) is taking shape and Taiwan and mainland China can co-create huge business opportunity for the market of the applications by making most of the strength on each side, which refers to the solid development of supply chain in Taiwan and the vast market in the mainland.