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Non-Tech : Kirk's Market Thoughts

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To: Gottfried who wrote (1425)	6/25/2014 11:54:01 AM
From: Kirk ©	1 Recommendation Recommended By Gottfried of 26543

TSMC to operate at full capacity in 2H14 Taiwan Semiconductor Manufacturing Company (TSMC) will operate at full capacity in the third and fourth quarters, with revenues generated from 20nm processes to account for 10% of total revenues in the third quarter and rise to 20% in the fourth, according company chairman Morris Chang. The global semiconductor industry is expected to grow 3-5% annually in the next five years, but TSMC's growth rates will be higher than the industry average, Chang said at the company's latest shareholders meeting. TSMC's wafer production reached 15.67 million 8-inch equivalent wafers in 2013 compared to 14.04 million units a year earlier, said the company, adding that 40/45nm and below processes currently account for 50% of TSMC's total revenues. TSMC currently has a total of over 20 tape-out clients for its 16nm FinFET process, the company noted. Meanwhile, TSMC plans to set up a special R&D unit, which will be powered by 300-400 technicians, to develop 10nm processes, aiming to push the process into trial production in 2015 and mass production in 2016. News website: www.digitimes.com

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