According to Taiwan’s Central News Agency, the first-quarter operating outlook for foundry Force Semiconductor is conservative, with capacity utilization expected to drop to more than 60% and quarterly revenue to decrease by 15% sequentially.
According to the data, TSMC’s revenue for the fourth quarter of 2022 fell to 14.363 billion NTD (about 3.189 billion RMB), down 25% YoY; total revenue for 2022 was 76.087 billion NTD (about 16.891 billion RMB), up 16% YoY.
The average selling price of DRAM is close to the cost, so it will not be used to fill the capacity, and the capacity utilization is expected to drop to more than 60% in the first quarter of this year.
Looking ahead to the first quarter, LMC expects revenue in the first quarter of this year will be reduced by 15%, the second quarter has a chance of flat performance, and the second half of the year is expected to improve, and the situation should be clearer in February and March.
In terms of capital expenditures, TSMC’s 2022 capital expenditures of $650 million (approximately RMB 4.368 billion) are lower than the expected $840 million (approximately RMB 5.645 billion). This year’s capital expenditures are estimated at approximately $1.84 billion (approximately RMB 12.365 billion), with 78% invested mainly in the Causeway plant and the rest in the non-Copper plant and part of the 8-inch plant.
