Global Crystalline: Demand for silicon wafers is differentiated

On December 8, silicon wafer leader Global Crystal released its November results, achieving revenue of NT$6.046 billion in November (the same below), down 3.96% month-on-month and up 10.12% year-on-year; The cumulative revenue in the first 11 months was 64.239 billion yuan, a year-on-year increase of 15.06%. The company expects revenue to remain good in the fourth quarter and full year.

As the semiconductor industry continues to decline, Global Crystal pointed out that many customers have adjusted their capital expenditures. Affected by rising inflation, continuous decline in consumer confidence, weak demand for consumer electronics, slowing down the pulling force of global small size customer products, and raising inventory levels, as downstream manufacturers adjust shipments, global crystal is expected to gradually achieve destocking in the first half of next year. Large-size and specialty wafers (FZ, SOI) continue to be driven by strong growth in automotive electronics and supply applications, so large-size and special wafers are currently produced at full capacity, except for a slight loosening of the small-size wafer operating rate.

Post time: Dec-21-2022