Semiconductor boom picks up in September

Semiconductor economy is expected to rebound after the end of the third quarter! Lin Wenbo, the chairman of the defective product known as the semiconductor “iron spout”, said yesterday (27) that despite inventory adjustments in the third quarter, it will not be large. It appears that the economy has bottomed out in July and August. 9 The month will rise. On the whole, although the global economy has grown steadily, there are still financial issues to be resolved in Europe and the United States, but in the third quarter, the semiconductor market seems to grow at the same or slightly higher level than the second quarter.

The fake product held a law meeting yesterday. In the second quarter, the consolidated revenue reached 14.753 billion yuan, the quarterly growth rate was only 1.9%, the gross profit margin rose slightly to 15.6% from the first quarter, and the net profit after tax was 1.125 billion yuan. It is 0.36 yuan. In the first half of the year, the combined revenue of defective products reached RMB 29,203 million, which was 9% lower than that of the same period of last year. The net profit after tax was RMB 2.195 billion, and the net profit per share was RMB 0.7. The performance was not satisfactory.

Lin Wenbo explained that there were four reasons for the unsatisfactory financial report figures in the second quarter. First, overall economic instability led to weaker demand and customers reduced orders. Second, the exchange rate of the Taiwan dollar against the US dollar appreciated. Third, the lack of materials after the Great East Japan Earthquake; Fourth, there are shortages of workers on both sides of the strait.

Lin Wenbo pointed out that the worst case of night shifts is due to the fact that employees are now willing to go to the service industry and are not willing to do high-paying night shifts. [SUPESITETAGCODE100]

Since the issues of the European debt issue and the U.S. public debt ceiling have not yet been resolved, the market is still doubtful about the third quarter's economic situation. However, counterfeit products are expected to grow by 2% to 6% in the third quarter compared with the second quarter. The average exchange rate will Stable at 29 yuan, gross margin will also be higher than 15.6% in the second quarter.

Lin Wenbo said that the outlook of the major US technology companies in the third quarter all showed slight growth. Compared with the first quarter, the inventory levels at the end of the second quarter were mostly flat or increased by 1% to 2%. Therefore, there will be small inventory in the third quarter. The adjustment will take the current semiconductor factory's orders and it will be the bottom of July and August, and it will rebound in September.

Lin Wenbo pointed out that some semiconductor factories have increased their stocks after the Great East Japan Earthquake. Therefore, shipments in the second quarter were slightly higher than the first quarter, but the problems caused by the major earthquakes have returned to normal. Looking at the semiconductor market in 2011 as a whole This is cautiously optimistic. The annual growth rate is about 5%. Although the economy has grown steadily in the second half of the year, the third quarter will still be the same as or slightly higher than the second quarter. For the packaging and testing industry, there are still many problems that need to be overcome in the second half of the year, including the fluctuation of the exchange rate of the Taiwan dollar against the US dollar and the high price of gold. The shortage of workers will also continue.

Antimony products will still maintain a capital expenditure of RMB 10 billion this year. Lin Wenbo said that the capital expenditures may exceed the budget in the second half of the year. They are mainly used to replace the old line-breaking machines, expand the Suzhou plant in the mainland, and increase the chip-size flip-chip package production capacity in response to competition from peers.