News
 

Bookmark and Share

(0) 

Vice chairman of Taiwan Semiconductor Manufacturing Company said that the decline of the semiconductor market will not be as dramatic as initially thought. F.C. Tseng also added that he saw a large opportunity for chips used in various replica devices that are mainly sold in the Southeast Asia.

According to Mr. Tseng, TSMC recently cut recession forecast for the global chip-making market to an annual rate of 20% this year from 30% as previously thought based on data from its customers, reports Taiwan Economic News. During a forum in Hsinchu, Taiwan, organized by the government-backed Industrial Technology Research Institute (ITRI), the vice chairman of TSMC said that a primary growth driver for his company was the recent surge of demand towards chips in China caused by the government stimulus package.

F.C. Tseng also noted that the market of replica electronics, e.g. cell phones that resemble Apple iPhone or popular models from Nokia, is becoming significant enough.

“India might become another market for such look-alike generics some day,” added vice chairman of the world’s largest contract maker of semiconductors.

Citing data from several studies, Tseng pointed out that American consumers spend an average of $250 on semiconductors per capita, compared with $20 per person in China and India, which means that the two emerging economies have huge room to grow.

Tags: TSMC, Semiconductor, Business

Discussion

Comments currently: 0

Add your Comment




Related news

Latest News

Monday, July 28, 2014

12:11 pm | Intel Core i7-5960X “Haswell-E” De-Lidded: Twelve Cores and Alloy-Based Thermal Interface. Intel Core i7-5960X Uses “Haswell-EP” Die, Promises Good Overclocking Potential

Tuesday, July 22, 2014

10:40 pm | ARM Preps Second-Generation “Artemis” and “Maya” 64-Bit ARMv8-A Offerings. ARM Readies 64-Bit Cores for Non-Traditional Applications

7:38 pm | AMD Vows to Introduce 20nm Products Next Year. AMD’s 20nm APUs, GPUs and Embedded Chips to Arrive in 2015

4:08 am | Microsoft to Unify All Windows Operating Systems for Client PCs. One Windows OS will Power PCs, Tablets and Smartphones

Monday, July 21, 2014

10:32 pm | PQI Debuts Flash Drive with Lightning and USB Connectors. PQI Offers Easy Way to Boost iPhone or iPad Storage

10:08 pm | Japan Display Begins to Mass Produce IPS-NEO Displays. JDI Begins to Mass Produce Rival for AMOLED Panels

12:56 pm | Microsoft to Fire 18,000 Employees to Boost Efficiency. Microsoft to Perform Massive Job Cut Ever Following Acquisition of Nokia