TSMC, UMC

choi

(1) Asiam Chipmakers. Financial Times, Apr 27, 2012 (The Lex Column).
http://m.ftchinese.com/story/001044319/en

My comment: Having raised capital expenditure for the year to $7.29bn from $6bn, TSMC is again forced to hike it to more than $8bnm to expand manyfacturing capacity of 28nm, which accounted for mere 5% of the 1Q12 revenue. Please recall that in recent rounds of miniaturization, demand was less than overwhelming. (End customers are not willing to pay for advance, satified with the told.) The past experience may have taught TSMC (as well as other chipmakers) to be more cautious this time around (28nm).

(2) Tim Culpan, TSMC Forecasts Record Sales, Spending on Demand for Chips. Bloomberg, Apr 26, 2012
http://www.bloomberg.com/news/20 ... le-chip-demand.html
("Smaller rival United Microelectronics Corp, also based in Hsinchu, said yesterday it won’t raise capex from $2 billion to meet demand. Its 28-nanometer facility will commence volume production in the second half, it said, a year later than TSMC")

My comment: A report on 1Q12 financial result of TSMC. There is no need to read the rest.
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