TSMCIt's a love-hate relationship for the U.S. market at the moment. The United States isTSMCOne of the largest markets**, the United States, to customersTSMCSubmitted a large number of large orders, which made that:TSMCSatisfied and excited. However, the United States did not provide for constructionChipsfactory subsidies, causedTSMCneed to bear higher construction costs, which makes itTSMCFeeling remorse and grief.
In the face of such influences,TSMCThe construction of two plants in the United States had to be delayed. TSMCSigh: We were "miserable" by the United States.
In order to better grasp the cooperation of American customers, as well as the attraction of American subsidies,TSMCIt was decided to build a 5nm building in the United StatesChipsFactory,Investments$12 billion. This process was already the most advanced in the world at that time, because it was mainstream in the marketChipsThe production process is 5nm. TSMCofInvestmentsThe move showed sincerity and made the United States retardInvestmentsThe plan is satisfied. Over time,TSMCThe first one was completed at the end of 2022Chipsplant, and announced furtherInvestmentsto $40 billion, while increasing the number of factories to 2, process upgrades to 4nm and 2nm. Chairman Liu expects the two plants to generate $10 billion in annual sales after commissioning.
However, a few years passedTSMCIn the U.S., the performance has been disappointing. ArguablyTSMCIn the U.S. market, it has experienced a setback, as if it was a trap set by the U.S. TSMCThe first plant is scheduled to start production in 2024 and the second in 2026. But the reality has changed, and the start of production of the first plant has been delayed until 2025, and the second plant may even have to be delayed until 2027 or even 2028. Liu Deyin saidTSMCDecisions in overseas locations will be based on the level of local subsidies or support. This means that without U.S. subsidies, it would be difficult for U.S. factories to continue to build. Although the United States has a special subsidy bill, if subsidized,TSMC75% of excess profits need to be shared with the United States. This actually means, even ifTSMCIf you make money, you will also return 75% of the subsidy to the United States. It can be said that the interests of the United States in this game have been maximized, whileTSMCWe have to sigh: we have been "miserable" by the United States.
Faced with such a situation,TSMCThe application for the US subsidy has been suspended, and the next step of the development plan can only be decided on a case-by-case basis. In addition to the US market,TSMCThe "spare tire program" has been launched to build more regional headquarters in Japan and TaiwanChipsFactory,TSMCThe company plans to build a 28nm mature process plant in the headquarters area, and also plans to build 3nm and 1nm high-endChipsFactory,Compared to building a factory in the United States,TSMCIn other regions, there are more opportunities for development, and they can make their own decisions about their own destiny.
TSMCThe plight of the U.S. market is food for thought. GloballySemiconductorsIn the industrial chain,TSMCAs a leading company, it has advantages in terms of process technology, production capacity and market share. However, with the globalizationSemiconductorsThe growth of demand and the intensification of technology competitionTSMCThere are also many opportunities and challenges.
First of all, with 5G,Internet of Things, the rapid development of emerging technologies such as artificial intelligence, rightChipsThe demand is growing. As the world's largest foundry,TSMCIt has the process capability and scale advantage to meet market demand. Through continuous technology upgrades and capacity expansion,TSMCIt can further consolidate its market position and improve its position in the worldSemiconductorsThe right to speak in the market.
Secondly,TSMCThe leading position in process technology has made it one of the world's many highestTechnologyThe partner of choice for businesses. Through partnerships with leading global companies,:TSMCIt can further improve its own technical level and product quality, realize technology accumulation and resource sharing, and lay a solid foundation for future development.
However,TSMCIt is also facing challenges from global competitors. In recent years, Chinese mainlandSemiconductorsThe rapid rise of enterprises has strengthened the pairChipsmanufacturing fieldInvestmentsand R&D, trying to achieveChipsAutarky. At the same time, other countries and regions around the world have also stepped up their effortsSemiconductorsThe support of the industry and the pressure of competition have further increased. Against such a background,TSMCIt needs to continuously improve its competitiveness, accelerate technological innovation and product upgrades to maintain market share and profitability.
TSMCThe setbacks in the U.S. market have given us some food for thought. As a globally operating businessTSMCIt is necessary to be alert and flexible in the face of market changes. Rational use of market resources and policy advantages, but also to be aware of the risks and uncertainties of the market, and make wise decisions.
In the long run,TSMCWe should actively expand diversified market channels and reduce our dependence on a single market. In addition to the U.S. market,TSMCIt also has great potential for development in Asia, Europe and other regions. By better understanding the characteristics and needs of each market,TSMCMarketing and cooperation can be carried out in a targeted manner to achieve a balanced development of the global market.
In addition,TSMCTechnological innovation and R&D capabilities should also be strengthened to maintain a leading edge in process technology. Increase investment in scientific research, attract outstanding global R&D talents, and improve independent R&D andIntellectual Property ProtectionAbility. TSMCBy continuously improving the process level and developing more advanced process technology, we can provide customers with higher performance and lower power consumptionChipsproducts to remain competitive in the market.
In short,TSMCThe experience in the U.S. market was a valuable lesson. Although there have been some setbacks, butTSMCIt's still globalSemiconductorsA leading enterprise in the industry, with strong strength and potential. As long as we can accurately grasp the trend and demand of the market, and at the same time strengthen our core competitivenessTSMCIt will definitely be able to be on the global scaleSemiconductorsMaintain a leading position in the market and continue to achieve new breakthroughs and developments.