Large semiconductor factories have successively expanded new factories, and new wafer foundry capacity will be opened one following another from 2023, pushing up the long-term demand for silicon wafers.6488-TW), Taiwan Sembcorp (3532-TW) and Hejing (6182-TW) The production capacity continued to be fully loaded in the second quarter. With the market supply still tight, the proportion of each factory manager continued to rise, and operations are expected to grow quarter by quarter.
Universal Crystal benefited from the continued strong demand from customers. Including production expansion and de-bottlenecking capacity, production capacity has been sold out from this year to 2024. The demand for 8-inch and 12-inch is strong at the same time, and the effect of price increase will be in the first quarter and the second Season began to react clearly.
As of the end of last year, the prepayment amount of Universal Crystal had reached 28.64 billion yuan, of which 6.2 billion yuan was increased in the fourth quarter of last year alone. Since the beginning of this year, the amount of customer prepayments has continued to increase, and the willingness to sign long-term contracts for new factories is also very high. , it is expected that the amount of prepayments will continue to grow this year.
Sembcorp’s current 8-inch and 12-inch production capacity are both full production and full sales. In response to tight market supply and rising raw material prices, the price increase in the first quarter also reached double digits, a sharp increase from the fourth quarter of last year.
In order to consolidate the source of materials, Tai Sembcorp’s customers actively negotiate and sign long-term contracts. Unlike in the past, most of the orders were mainly spot products. Due to the urgent need of customers to sign long-term contracts, and to ensure the full production and sales of the new plant, the company has The proportion of long-term contracts has continued to increase, and has recently reached a record high level. Including new factories, almost all production capacity has been occupied by customers before 2026.
Hexing benefited from the continued strong demand for automotive power components, and the production capacity was in short supply. The price of 8-inch silicon wafers in the first quarter has increased by 10%, and the production capacity of small and medium-sized silicon wafers below 6 inches is even more scarce, and the production capacity has been fully loaded until the third quarter. .
Although various silicon wafer fabs have successively launched production expansion plans, the new factory will not be mass-produced until 2024 at the earliest. Before the new production capacity is opened, the silicon wafer fab will continue to be in short supply, and the price is expected to increase year by year.
