Chinese semiconductor industry

antiterror13 said:

less and less customers and orders for TSMC ... I see less and less future for TSMC

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TSMC is really playing with fire here.

The Huawei case was already a strong omen. But now, for TSMC putting its future in US hands would be really crazy, it is like asking the wolf to take care of the sheep.

They better think twice before blindly follow US so called rules, and cut China firms off.

The long term goal of US is clearly to get rid of their dependency on Taiwan. And it is a goal that even makes sense. For US, the best future for Taiwan semiconductor people would be to load all Taiwan engineers in a ship and bring them to work in US fabs, to make up for the missing/lacking local workforce. The irony is that for US mentality, they honestly think Tawian people cannot really aspire to a better future than this. They think they are even making a big gift to Taiwan people to letting them to live in the Wonderland.

All EUV Customers Committed to High-NA EUV​

"Previously the company said that three Logic and two Memory customers had ordered its High-NA scanners, and while ASML did not disclose names of its 0.55 NA EUV clients, we can deduce that it meant Intel, Samsung Foundry, and TSMC (Logic) as well as Samsung and SK Hynix (Memory). ASML does not disclose the name of its latest High-NA EUV customer for obvious reasons, but it is reasonable to assume that Micron ordered its first High-NA scanner in the third quarter. "

"ASML's third quarter sales came in at €5.8 billion as it sold 80 new lithography systems as well as six used scanners, including 12 EUV tools (in line with Q2) as well as 74 DUV machines (down from 79 in Q2)."

"its target production capacity for 2023 is over 375 DUV machines and over 60 EUV machines. "

The first SiC power module wafers have now been produced at Silan Micro
The current goal is to reach 2k 6-inch wpm per the end of the year.

From earlier this year
Silan Micro set the goal of producing 144k wafers per year when project is complete in 3 years.

We know that BYD semiconductor has also been producing SiC modules

From April, CRRC made an announcement of a new Capex project that would increase its production to 25k 6-inch wafers per year in 2 year. So, the increase from Silan Micro is pretty dramatic.

From @tinrobert's article from earlier this year,
looks like Chinese fabs have not been competitive in this market thus far. I would expect this to change with all this new capacity.

Mainland China should start to "mull" plans to attract and retain TSMC and TSMC employees to counteract the US intention to grab and ship TSMC employees to the US. This is above and beyond the two fabs that TSMC currently operate in mainland China. They should encourage and incentivize TSMC to build more de-Americanized fabs in China using Chinese or non-American equipment, and attract more current TSMC employees to work in these fabs. These can happen over time and provide alternatives to TSMC and TSMC employees in case things get hot across Taiwan Strait and the US will be trying to entice/coerce TSMC and their employees. I would think majority TSMC employees would prefer to work for TSMC in Shanghai, Nanjing or Shenzhen, closer to home than Arizona, in the middle of desert.

This is also in the long term interest of TSMC, so they can survive the jaws and dangerous embrace of the Uncle Sam. It's also a hedge for TSMC.

weig2000 said:

Mainland China should start to "mull" plans to attract and retain TSMC and TSMC employees to counteract the US intention to grab and ship TSMC employees to the US. This is above and beyond the two fabs that TSMC currently operate in mainland China. They should encourage and incentivize TSMC to build more de-Americanized fabs in China using Chinese or non-American equipment, and attract more current TSMC employees to work in these fabs. These can happen over time and provide alternatives to TSMC and TSMC employees in case things get hot across Taiwan Strait and the US will be trying to entice/coerce TSMC and their employees. I would think majority TSMC employees would prefer to work for TSMC in Shanghai, Nanjing or Shenzhen, closer to home than Arizona, in the middle of desert.

This is also in the long term interest of TSMC, so they can survive the jaws and dangerous embrace of the Uncle Sam. It's also a hedge for TSMC.

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Yeah, I am not worried at all of US poaching TSMC. The only unfair practice they can do is to force American citizen working there to return. The rest is still up to the employees themselves to decide. If they themselves want to work in US who are we to say no?

TK3600 said:

Yeah, I am not worried at all of US poaching TSMC. The only unfair practice they can do is to force American citizen working there to return. The rest is still up to the employees themselves to decide. If they themselves want to work in US who are we to say no?

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They just laid off 20k Intel engineers. They don't have the capability to use TSMC talent, they'd be brought to the US to be dishwashers at Chinese restaurants.

Celebrate the National Day and present a gift to the motherland - Shanghai Jingce Semiconductor's automatic wafer defect re-inspection equipment ushered in a double harvest!​

North Huachuang (002371) 2022 third quarterly report results forecast comments: The third quarterly report forecast exceeded expectations, revenue and net profit doubled​

Category: Company Organization: , Ltd. Researcher: Date: 2022-10-21
Event overview: On October 10th, North Huachuang released a forecast for the third quarterly report of 2022. The company expects to achieve revenue of 4 billion to 5 billion yuan in Q3 2022, a year-on-year increase of 55.94 to 94.93%; A year-on-year increase of 129.92-198.89%; a non-net profit deduction of 750-970 million yuan, a year-on-year increase of 149.75-223.01%.

Both revenue and net profit increased. In Q3 2022, the downstream market of the company's electronic process equipment and electronic components business is in strong demand, with full orders, which will help increase revenue. The single-quarter revenue is expected to be 4 billion to 5 billion yuan. sequential growth. The performance of the third quarterly report on the profit side is even more dazzling. The forecast range of net profit attributable to the parent in a single quarter is 800 million to 1.04 billion yuan.

The product line is increasingly enriched, consolidating the leading position of platform. The company has a rich product system, which is widely used in semiconductors, new materials, new energy and other fields, and has strong market competitiveness in subdivision fields. Product etching machines, PVD, CVD, oxidation/diffusion furnaces, annealing furnaces, cleaning machines and other products have achieved mass production applications in the field of integrated circuits and pan-semiconductors, and built a multi-variety and cross-domain product platform for semiconductor equipment, becoming the domestic advanced product platform. Semiconductor equipment supplier. Since 2022, under the influence of the increasing demand for applications such as new energy vehicles and high-performance computing and the structural shortage of semiconductor chips, investment in the expansion of production lines such as integrated circuits and photovoltaics has been vigorous, and the company has introduced new products such as cleaning machines and ALDs into the market. The rhythm has been further accelerated, and mass sales have been achieved in mainstream production lines in the integrated circuit field, and the product line has grown day by day.

International competition is intensifying, and the localization of equipment is expected to speed up. On October 7th, Eastern Time, the Bureau of Industry and Security (BIS) of the U.S. Department of Commerce listed 31 Chinese entities including North Huachuangsun Corporation Magnetoelectric Technology on the "Unverified List" (UVL). Magnetoelectric Technology is mainly engaged in the manufacturing and sales of equipment in the magnetic material industry. The main products are coating, sintering, diffusion, and rapid-setting tape-spinning equipment used in the magnetic material industry. The operating income in 2021 will account for approximately the operating income of the listed company in the consolidated statement. The impact of this incident on the company's operations is small, but we believe that with the continued intensification of international competition, the localization process of semiconductor equipment is expected to accelerate, and the company, as a domestic equipment leader, will also deeply participate in the process of localization of semiconductor equipment.

Geely Technology Group joins hands with China Resources Microelectronics to build a cooperation mechanism for automotive-grade power semiconductor industry​

tokenanalyst said:

North Huachuang (002371) 2022 third quarterly report results forecast comments: The third quarterly report forecast exceeded expectations, revenue and net profit doubled​

International competition is intensifying, and the localization of equipment is expected to speed up. On October 7th, Eastern Time, the Bureau of Industry and Security (BIS) of the U.S. Department of Commerce listed 31 Chinese entities including North Huachuangsun Corporation Magnetoelectric Technology on the "Unverified List" (UVL). Magnetoelectric Technology is mainly engaged in the manufacturing and sales of equipment in the magnetic material industry. The main products are coating, sintering, diffusion, and rapid-setting tape-spinning equipment used in the magnetic material industry. The operating income in 2021 will account for approximately the operating income of the listed company in the consolidated statement. The impact of this incident on the company's operations is small, but we believe that with the continued intensification of international competition, the localization process of semiconductor equipment is expected to accelerate, and the company, as a domestic equipment leader, will also deeply participate in the process of localization of semiconductor equipment.

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Wonderful, can't wait to hear what they have to say in the earnings call. I'd be really long on NAURA right now.

weig2000 said:

Mainland China should start to "mull" plans to attract and retain TSMC and TSMC employees to counteract the US intention to grab and ship TSMC employees to the US. This is above and beyond the two fabs that TSMC currently operate in mainland China. They should encourage and incentivize TSMC to build more de-Americanized fabs in China using Chinese or non-American equipment, and attract more current TSMC employees to work in these fabs. These can happen over time and provide alternatives to TSMC and TSMC employees in case things get hot across Taiwan Strait and the US will be trying to entice/coerce TSMC and their employees. I would think majority TSMC employees would prefer to work for TSMC in Shanghai, Nanjing or Shenzhen, closer to home than Arizona, in the middle of desert.

This is also in the long term interest of TSMC, so they can survive the jaws and dangerous embrace of the Uncle Sam. It's also a hedge for TSMC.

Click to expand...

Well, China has to show that they can replace American companies completely. I do think Chinese ministries need to be holding a lot of under the table talk with TSMC to see if they can speed up their effort to qualify Chinese tools makers.

And definitely show them those articles where US politicians are discussing an approach to force TSMC to build more fabs in America. If that law ever goes into effect, it will be the second greatest gift to China's semiconductor industry after this most recent set of sanction. Even beyond that, there are ways China can threaten/incentivize TSMC to push them to work with Chinese tools makers. At the end of the day, SMIC is still unable to mass produce 4/5 nm chips. No reason to hold back NAURA and AMEC just because SMIC is a little behind. I'm sure they can also have similar discussions with Samsung.

No company wants to be held over the head with a gun by another country.