It seems that because of the failure of a series of recent measures, there has been a lot of news against Liu Deyin within TSMC, and in desperation, Liu Deyin plans to retire, but he is retiring.
According to the latest news from within TSMC, TSMC's current chairman Liu Deyin announced his retirement and suggested that Wei Zhejia be the next chairman of TSMC.
Judging from the current situation, this decision will take effect after the approval of the board of directors, which also means that Liu Deyin is likely to retire from the position of chairman of TSMC. However, it is worth noting that Liu Deyin hopes that he will retire and continue to work for TSMC, while also being able to take care of his family.
However, some industry insiders said: The so-called taking care of the family is just a reason, and the reason why Liu Deyin chose to retire is likely to be related to the failure of TSMC's recent series of measures, especially TSMC's construction of a factory in the United States.
The United States has taken out $52 billion in subsidies to attract foreign-funded semiconductor companies to build factories in the United States, but in fact, the real target is Samsung, TSMC, SK hynix and other top semiconductor companies.
On the issue of whether to build a factory in the United States, TSMC is actually not unanimous within it. Zhang Zhongmou, the founder of TSMC, said from the beginning: the cost of building a factory in the United States is high. TSMC's Huang Chongren also pointed out this and disagreed with the move to build a factory in the United States.
It's just that after Liu Deyin gave up the Chinese market, he could only get more orders from American chip companies to maintain revenue. At the same time, if you can get tens of billions of dollars in subsidies to build factories in the United States, then the cost of building factories and subsequent labor and operating costs will not be much higher than the cost of building factories in Taiwan Province.
Therefore, under many considerations, Liu Deyin chose to insist on going to the United States to build a factory, and Zhang Zhongmou could only reluctantly agree, after all, he couldn't dismantle his own platform.
However, the results of TSMC's construction of factories in the United States are also obvious, the United States has increased the subsidy rules, resulting in TSMC not getting subsidies, and it is also facing problems such as the United States asking for data and slow factory construction.
Not only that, starting from June 2023, TSMC's market capitalization has begun**, and by mid-October, it has exceeded more than $700.
In the competition of advanced chips in the 2nm process, TSMC is also one step slower than Intel, Intel plans to mass produce in 2024, and also got the first NA EUV lithography machine for the production of 2nm process chips, and half of the production capacity of the NA EUV lithography machine shipped by ASML next year will also be given to Intel.
TSMC plans to mass-produce 2nm process chips in 2025, and there is no new news on NA EUV lithography machines, and the best case is to get 4-5 NA EUV lithography machines.
From this comparison, it is not difficult to see that Intel has taken a step ahead, and TSMC has always been known for its advanced process chips, which is the main reason why TSMC can maintain the vast majority of market share. Now that it is falling behind in advanced process chips, the impact on TSMC is far more than tens of billions of dollars in market value**.
What's more, during Liu Deyin's tenure as chairman of TSMC, even Samsung gradually caught up in advanced chips and took the lead in producing the world's first 3nm process chip.
This comparison, Liu Deyin will naturally cause internal dissatisfaction, and it is not surprising that he chose to retire.
It is worth noting that the candidate to succeed Liu Deyin as the chairman of TSMC is likely to be Wei Zhejia, as one of TSMC's out-and-out executives, Wei Zhejia not only has a good reputation within TSMC, but also has a lot of achievements.
Previously, Wei Zhejia led a team to visit the Chinese market and got orders for 7nm process chips from many Chinese customers, ensuring TSMC's revenue. Not only that, TSMC's beginning to develop mature process chips is also related to Wei Zhejia's realization that with the development of new energy vehicles, the market demand for mature chips will continue to increase.
It is worth noting that some industry insiders have analyzed: Wei Zhejia taking over as chairman of TSMC may extend the construction of the US factory indefinitely, which is also a good thing for TSMC. More energy can be concentrated on building high-end chips in Taiwan Province.
However, many foreign media believe that although TSMC will enter the "Wei Zhejia era", it seems to be too late from the current situation of TSMC.
Postscript:
I have to say that since TSMC gave up the Chinese mainland market, all aspects of the data have been ** one after another, and even the situation has begun to be difficult. Huawei, which was cut off by TSMC, has obtained a stable chip foundry channel, and has also come up with a Kirin 9000S chip with excellent performance, and the contrast is really obvious.
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