TSMC was once confident that it could firmly grasp the high-endChipsThe competitive advantage of the market, and even ridiculed the inability of the mainland to achieve high-end in a short period of timeChipsproduction. However, the passage of time and the change of circumstances have put their self-confidence into the water. After TSMC faced a series of problems such as supply cuts, price increases, and building factories in the United States, it gradually deviated from their former track. So, why has TSMC changed so drastically?
In 2016, in order to attract TSMC to build factories, Nanjing gave extremely high preferential policies, including exemption from corporate income tax for five years and halving the levy in the following five years. Even so, TSMC cut off supply without hesitationHuaweiofKirinChips, OrderHuaweiCaught in the embarrassing situation of having no cores available. This move led to:HuaweiThe overseas market share has been zeroed, and the domestic market share has also declined sharply, and it has even been forced to ** its sub-brand Glory.
FaceChipsIn the five days from March 29 to April 3, 2021, TSMC successively issued 3 price increase notices, and even canceled themApplesand Nvidia and other large customers preferential treatment, showing their tough attitude. However, the supply was cut offHuaweiLater, TSMC's main customers are almost all from the United States, forUnited States**pressure, they began to feel jealous.
United States**TSMC was invited to build factories several times, and TSMC eventually invested $40 billion to build two factories in the United States. However, after the completion of the project,United States**It also asked for TSMC's confidential data, otherwise it would not fulfill the original subsidy promise. In response to this situation, TSMC has been delaying the purchase of American factoriesMass productionplan, but so far the problem has not been resolved.
HuaweiThe release of the Mate60 series of phones has completely changed the situation. HuaweiNo longer relying on TSMC, you will be able to produce flagship-level ones yourselfKirinChips。Moreover, the Mate60 series can sell tens of millions of units, and it will be released with domestic technology nextKirinChipsofnovaSeries. This is at the high end of the spectrum for TSMCChipsThe market share has had a huge impact.
SMIC4 are being built at a cost of 170 billionFabsGradually put into operation, it is expected that 70%.ChipsSelf-sufficiency will be achieved. This will inevitably further compress TSMC's market share. Therefore, under the double whammy, TSMC's market value is **77 billion US dollars, which is equivalent to more than 560 billion yuan.
withHuaweiKirinChipsThe counterattack andSMICWith the rise of TSMC, TSMC's 7nm business is becoming more and more bleak. Capacity utilizationcontinued to decline, and even had to reduce the maturity of the process in the first quarter of next yearOEM**, some projects even up to 15%-20%. TSMC's business is being severely suppressed.
After TSMC experienced a series of changes such as supply cuts, price hikes and going to the United States, its market position has been greatly impacted. Zhang ZhongmouOverconfidently overestimating his own control, underestimating the strength of the mainland and the determination of ***. TSMC has always adhered to an egoistic position, but in the end it has to pay the price for its arrogance and ignorance. Now, TSMC must face up to its own situation and find new breakthroughs to cope with the increasingly fierce market competition. Only in continuous innovation and progress can we regain our competitive advantage and embark on a new path.