By PENG Xin
TSMC (Taiwan Semiconductor Manufacturing Co.) saw good growth last year with plenty more to come, according to chairman Mark Liu.
Despite poor performances across the industry, TSMC has observed a gradual recovery as inventories decrease. Although he expects the company to shrink this year, Liu believes TSMC is well-prepared for the future.
In Q1, TSMC reported a year-on-year decline of 4.8 percent in revenue when measured in USD but saw an increase when measured in New Taiwan Dollars.
Liu highlighted the importance of packaging in providing added value. TSMC has received numerous orders for advanced packaging due to increased demand for AI applications. The growth in advanced processes and packaging is driven by the rapid expansion of AI, including NVIDIA’s increased orders for GPUs.
Due to the rise of AI, TSMC’s mainstay business has shifted from the mobile sector to high-performance computing (HPC). The company is investing heavily in advanced packaging as a strategic direction
The company is engaged in discussions with the US and German governments regarding potential overseas projects.
