Feeds

TSMC expects chip market to grow 20% next year

World's biggest foundry still optimistic

  • alert
  • submit to reddit

The market downturn notwithstanding, the Taiwan Semiconductor Manufacturing Company's optimism continues unabated. Newly appointed deputy CEO F C Tseng yesterday said he expects chip sales to grow 20 per cent during 2002.

That's something of a rebound, marking a near complete reverse of the dip experienced this year when compared to 2000's record sales.

Tseng's forecast is largely at odds with other market watchers' predictions. While some - most notably Intel CEO Craig Barrett - say the worst is over and the market will begin to pick up through the current and last quarters of 2001, real recovery isn't expected until mid-2002.

Much depends on Intel's own drive to revive the PC market - and its own fortunes - by cutting Pentium 4 prices. The next round of cuts will take place on 26 August alongside the introduction of 1.9GHz and 2GHz versions of the chip, and the long-awaited i845 chipset, which hooks the P4 up to very low cost PC133 memory.

Intel is also betting on Windows XP, due to ship in October, as a second driver for new PC sales. TSMC is also relying on a Microsoft product: Xbox. It's producing the console's graphics and I/O chips, and undoubtedly expects them to contribute nicely to its bottom line over the next six months and beyond.

Tseng's comments follow his elevation to deputy CEO from company president. His new role will centre on steering TSMC's long-term technology strategy. Vice-president Tsai Li-shin takes over Tseng's former position, and will double-up as chief operating officer. ®

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Maximize storage efficiency across the enterprise
The HP StoreOnce backup solution offers highly flexible, centrally managed, and highly efficient data protection for any enterprise.