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The US government has advised that SMIC will open and that the foundry design may be reorganized. The market expects positive development of Taiwan’s semiconductor industry, and named UMC (2303-TW) as transfer The largest individual beneficiary, and the 8-inch wafer production capacity has long been in short supply, a new wave of price increases in the fourth quarter. “Juheng.com” helps readers count six profitable concept stock shares for individual transfers, which will have the opportunity to become new favorites of legal persons in the future.
According to statistics, up to 50% of SMIC’s equipment comes from the United States, and customers include chipmakers Qualcomm (QCOM-US) and Broadcom (AVGO-US). Among them, 13% of SMIC’s revenue comes from Qualcomm, which primarily manufactures 8-inch 0.18-micron process power management ICs and 12-inch 14 / process input and mobile processors. 28 nanometers. According to market reports, to avoid the out-of-stock crisis, Qualcomm intends to switch to wafer mills such as TSMC (2330-TW), UMC and World (5347-TW).
UMC and SMIC customers have a high degree of overlap, the process technology is comparable, and UMC has the ability to provide customized solutions. Once the United States confirms that SMIC is included in the commercial blacklist, it is expected that UMC will become the largest beneficiary of the transfer orders. However, UMC’s current 8-inch wafer production capacity tends to be fully loaded. Many customers will schedule for next year or will increase the price to cover capacity. It remains to be seen whether UMC can accept the transfer order in the future.
Due to strong demand for 8-inch wafer casting, the board of directors approved a 1.9 billion yuan increase in capital expenditures before the world moved forward. Among them, the Singapore plant was put into operation this year. The market expects the world to also benefit from SMIC’s 8-inch wafer transfer order effect. Annual revenue is expected to hit another record.
As for the foundry leader TSMC, foreign investors from the sub-series expect industries such as Image Sensor (CIS), True Wireless Bluetooth Headphones (TWS), Fingerprint recognition, Wi-Fi, NOR Flash, etc. . have a crowding effect and the related product orders change. However, some foreign investors believe that due to TSMC’s advanced manufacturing process and low capacity overlap with SMIC, and TSMC’s current capacity is fully loaded, the profit space may not be as good as UMC.
In addition, SMIC’s background testing and packaging plant, China Changjiang Electronics Technology, is affected by the SMIC ban, and Changjiang Electronics is likely to be affected. Taiwan’s testing and packaging leader ASE and Amkor are the top two competitors. ASE has the opportunity to benefit from transfer orders.
In addition, SMIC is the world’s fourth largest NOR Flash factory, Zhaoyi Innovation foundry, providing NOR Flash foundry production capacity, SMIC was blocked, Macronix (2337-TW) from Taiwan, Winbond (2344-TW) both You are expected to benefit from the transfer. Wang Minqiu, Chairman of Macronix, pointed out a few days ago that it may even cause a major shortage of NOR Flash in the market and drive up prices.
The epidemic has boosted long-distance business opportunities. The demand for PC, NB, game consoles and other terminals is still strong. In addition, the United States has targeted Huawei and SMIC. Plans to increase prices in the fourth quarter are already under consideration and the growth rate will reach double digits.
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