Lin Tie mouth opening semiconductor bottoming in August, September rebound

Lin Wenbo, chairman of the company, said yesterday (27th) that the semiconductor industry did have inventory adjustment problems. It is expected that the economy will “bottom in July and August and rise in September”. Global electronics giants currently only estimate Apple's recession in the third quarter. Others are generally expected to grow. He believes that in the second half of the year, the economy will be flat or slightly higher than the first half of the year. It will not be as pessimistic as everyone thinks.

Yipin held a law talks yesterday. Lin Wenbo has the reputation of “semiconductor boom” and the turmoil in European debt and US debt has been growing. Lin Wenbo’s view of the boom has become the focus of the market. In the face of enquiries, Lin Tizui began to appear hesitant and asked: "I wonder what tomorrow's TSMC Chairman Zhang Zhongmou said."

Lin Wenbo pointed out that the observation of the international science and technology giant's second quarter financial report, in fact, compared to the number of stocks did not increase in the first quarter, but much higher than the same period last year, so the third quarter will indeed carry out inventory adjustments, but the rate should be small. He said that the recent US technology companies have announced the second quarter earnings and the third quarter outlook, most large companies are expected to favor growth, only Apple predicts a 12% decline to 13%, and Intel's views on related manufacturers instead is growing. According to the results of the discussions between the product and its customers, the consensus was that the economy “has bottomed out in July and August and recovered in September”. On the whole, the business climate in the second half of the year should be flat or slightly higher than that in the first half of the year. It is less pessimistic than the outside world.

As for the packaging and testing industry, the next three months will still face three major challenges: gold prices, exchange rate fluctuations and lack of work. In particular, many sealing and testing plants cannot find the night shift operators, which is quite troublesome for manufacturers.

He said that the second quarter revenue of fake products only grew by 1.9% compared with the first quarter, far lower than the 3% to 7% growth rate predicted by the previous law. In addition to weaker market demand, customers switched to copper in response to the sharp increase in the price of gold. Line process, but the copper line quoted lower, resulting in increased shipments, but the revenue growth is not as expected.

In addition, the appreciation of the New Taiwan dollar in the second quarter, the average price of 28.8 to 1 US dollar, compared with 29.25 to 1 US dollar in the first quarter, is equivalent to being eaten nearly 1.4% revenue. In the first half of the year, the average exchange rate of the counterfeit goods was 29.01 to 1 US dollar, compared with 31.84 to 1 US dollar in the first half of last year, and the exchange difference ate 8.9% of the counterfeit camp. From the perspective of profitability, the exchange rate and the price of gold rose, and eaten the second quarter gross profit margin of fakes by 1 percentage point and 0.3 percentage point respectively.