Chartered Semiconductor also the survival of reason?
All from the start in October 2008. The global financial crisis led to the rapid disappearance of the confidence of consumers, when the computers, mobile phones to a wide range of consumer electronic products, a sharp fall in demand, the electronic technology products of the core components of the semiconductor into the winter, manufacturers are facing a crisis for many years rare. In that two months of bad news keep pouring in, chip manufacturers and their customers are busy reporting to investors the deteriorating market environment. The world's largest chip foundries - Taiwan Semiconductor (Taiwan Semiconductor Manufacturing, TSMC for short), the first time in seven years, reduced sales and profit expectations.
In the global wafer foundry market, Taiwan Semiconductor Manufacturing Company to occupy more than half of the share, its chief executive by the end of October last year, Cai Lixing has been pointed out that due to financial crisis caused by "extraordinary environmental challenges," the world's semiconductor industry in 2009 could face up to 10% of the decline.
TSMC is the world's best recognized as operating one of the semiconductor manufacturing, it issued this warning, the semiconductor industry confirmed that the extent of the situation worse. By the end of January this year, TSMC announced that listed the first time in 20 years, quarterly losses. Cai Lixing his re-amended the semiconductor industry's view that the global semiconductor market this year will decline 30 percent over last year, the foundry industry's largest upstream will be affected by the extent of even more serious.
And TSMC's major competitors - United Microelectronics (UMC, UMC for short) has also issued a similar decline in quarterly forecasts; South Korea's Hynix Semiconductor Inc. (Hynix Semiconductor) there for more than seven years, the largest quarterly loss; Germany's Infineon Technologies (Infineon Technologies) under the memory chip company Qimonda (Qimonda) has entered insolvency proceedings; STMicroelectronics, Infineon and NXP semiconductors, have a struggling business.
Most of the semiconductor industry are the brink of crisis, the competitiveness and long-term trend is the need for spin-off and accelerate the integration of future chips will be focused on the hands of a small number of companies, a growing number of companies specialized in the design or production or give up the chip workers.
Fear of the global semiconductor survive only three
British financial magazine "The Economist" this week's analysis that the major semiconductor companies a high-level view similar to that long term, only three companies can survive, that is leading the Samsung memory chips, specializing in the Intel microprocessors, the main crystal round of the TSMC foundry; rest of the industry will need the relief the Government on time, or continue to nationalism and the establishment of investment risk. However, Governments are increasingly reluctant to sell the chip industry rescue.
The article cited market research agency iSuppli, executive director of Caledonia said: the world's memory chip sales, only to resume growth next year, and after 2015 to be re-achieved in 2006 sales.
The development of semiconductor manufacturing is a mature industry, the performance of the annual growth rate from double digits in the 1990s, dropped to an average of about 5%. Since 2004, the chip company's margins to expand market share through price cuts to stabilize. In fact, as early as in the semiconductor industry before the emergence of an economic recession, economic recession is only enlarge the problem.
The industry for smaller companies, the situation is particularly bad, including Singapore's Chartered Semiconductor Manufacturing (Chartered Semiconductor Manufacturing) or China's Semiconductor Manufacturing International Corp. (SMIC). Chartered Semiconductor plant utilization rate has fallen to 45 percent, is expected to further dropped to 37% of the SMIC in the 20% down.
Because the next two to three years will be more difficult days, semiconductor manufacturers and investors now hold your breath, it was suggested that some manufacturers can not afford a loss might as well close the factory. It was therefore the survival of Chartered questioned the value that should be Chartered Semiconductor to sell or close down their operations.
As early as October 2004, Chartered Semiconductor has experienced a loss of three years after a slight profit, but also the face of immediate-quarter loss, its operating performance has been less than peers, when the market began to spread that it may have been privatized or acquisition.
September 2006, Temasek Holdings, an executive said the sale may be in trouble of local assets, including Chartered Semiconductor. In October 2008, the market has become widely Chartered Semiconductor acquisition, the buyer is interested in Taiwan's TSMC and UMC, TSMC and after UMC low willingness to fail, and then turned with Chartered Semiconductor SMIC contact. In January this year, the market rumors of a Chartered Semiconductor will be the major shareholder of the price at around 35 to sell its shares.
Again and again find it hard to maintain loss-making situation
Temasek Holdings, through wholly-owned subsidiary of Singapore Technologies Semiconductors (Singapore Technologies Semiconductors) Chartered Semiconductor hold about 59% of the shares. Chartered Semiconductor sale or merger rumors are no longer news, rumors re-surfaced, but confirmed that Temasek Holdings has been looking for opportunities to sell Chartered Semiconductor.
Chartered Semiconductor on the face of the third quarter of fiscal year since the five-quarter loss, a loss of 24,380,000 U.S. dollars; the fourth quarter of the last seven years, suffered the largest quarterly loss, a net loss of 100 million of 14.01 million U.S. dollars; last year suffered a net loss of 92,580,000 U.S. dollars and declared in the global 600 employees made redundant. First quarter of this year's net loss will be further expanded to 100 million 47 million U.S. dollars.
Chartered Semiconductor announced last month, placing additional shares to raise about 300 million U.S. dollars of funds to meet maturing debt, of which 800 million two years and the total amount of 8,000,000 U.S. dollars. Its total debt in 2000 from 500 million in 90.28 million U.S. dollars, year-on-year to 1.8 billion in last year's 40.46 million U.S. dollars, earnings visibility remains low, the rating agencies have lowered its rating.
As the world's third largest wafer foundries, Chartered Semiconductor certainly must strengthen its balance sheet statements, the financial flexibility to increase and retain customer confidence, and perhaps should consider whether it should withdraw from the industry, because its existence is under market value a severe test.
Many countries as a semiconductor foundry or a new shortcut to the development of national science and technology. To the Government to set up a company-led, Chartered Semiconductor is a model of our industry representatives, the Government hopes to take up science and technology leader in its role. But in this recession, the foundry of the qualitative change has already occurred, and Chartered Semiconductor are still wafer foundries only just, but, regardless of the technical, production side, capital perspective, it is impossible to develop for more than TSMC and UMC is more the size of the wafer foundries.
In the financial turmoil that swept through the global foundry difficult situation, the majority in a state of long-term loss. Chartered Semiconductor as the official support of key enterprises, in the past six months to sell the sound of crying, out of its struggle. Recent market rumors it real SMIC has entered the negotiation phase, can be sold at reasonable prices is of course the ideal outcome.
After all, the downturn in the global semiconductor market in the moment, few people have been coming to the Chartered Semiconductor hold the confidence of the business. Its share price in 2002 fell below 7 months 3 yuan since it is lost, the back roads. - 18780
In the global wafer foundry market, Taiwan Semiconductor Manufacturing Company to occupy more than half of the share, its chief executive by the end of October last year, Cai Lixing has been pointed out that due to financial crisis caused by "extraordinary environmental challenges," the world's semiconductor industry in 2009 could face up to 10% of the decline.
TSMC is the world's best recognized as operating one of the semiconductor manufacturing, it issued this warning, the semiconductor industry confirmed that the extent of the situation worse. By the end of January this year, TSMC announced that listed the first time in 20 years, quarterly losses. Cai Lixing his re-amended the semiconductor industry's view that the global semiconductor market this year will decline 30 percent over last year, the foundry industry's largest upstream will be affected by the extent of even more serious.
And TSMC's major competitors - United Microelectronics (UMC, UMC for short) has also issued a similar decline in quarterly forecasts; South Korea's Hynix Semiconductor Inc. (Hynix Semiconductor) there for more than seven years, the largest quarterly loss; Germany's Infineon Technologies (Infineon Technologies) under the memory chip company Qimonda (Qimonda) has entered insolvency proceedings; STMicroelectronics, Infineon and NXP semiconductors, have a struggling business.
Most of the semiconductor industry are the brink of crisis, the competitiveness and long-term trend is the need for spin-off and accelerate the integration of future chips will be focused on the hands of a small number of companies, a growing number of companies specialized in the design or production or give up the chip workers.
Fear of the global semiconductor survive only three
British financial magazine "The Economist" this week's analysis that the major semiconductor companies a high-level view similar to that long term, only three companies can survive, that is leading the Samsung memory chips, specializing in the Intel microprocessors, the main crystal round of the TSMC foundry; rest of the industry will need the relief the Government on time, or continue to nationalism and the establishment of investment risk. However, Governments are increasingly reluctant to sell the chip industry rescue.
The article cited market research agency iSuppli, executive director of Caledonia said: the world's memory chip sales, only to resume growth next year, and after 2015 to be re-achieved in 2006 sales.
The development of semiconductor manufacturing is a mature industry, the performance of the annual growth rate from double digits in the 1990s, dropped to an average of about 5%. Since 2004, the chip company's margins to expand market share through price cuts to stabilize. In fact, as early as in the semiconductor industry before the emergence of an economic recession, economic recession is only enlarge the problem.
The industry for smaller companies, the situation is particularly bad, including Singapore's Chartered Semiconductor Manufacturing (Chartered Semiconductor Manufacturing) or China's Semiconductor Manufacturing International Corp. (SMIC). Chartered Semiconductor plant utilization rate has fallen to 45 percent, is expected to further dropped to 37% of the SMIC in the 20% down.
Because the next two to three years will be more difficult days, semiconductor manufacturers and investors now hold your breath, it was suggested that some manufacturers can not afford a loss might as well close the factory. It was therefore the survival of Chartered questioned the value that should be Chartered Semiconductor to sell or close down their operations.
As early as October 2004, Chartered Semiconductor has experienced a loss of three years after a slight profit, but also the face of immediate-quarter loss, its operating performance has been less than peers, when the market began to spread that it may have been privatized or acquisition.
September 2006, Temasek Holdings, an executive said the sale may be in trouble of local assets, including Chartered Semiconductor. In October 2008, the market has become widely Chartered Semiconductor acquisition, the buyer is interested in Taiwan's TSMC and UMC, TSMC and after UMC low willingness to fail, and then turned with Chartered Semiconductor SMIC contact. In January this year, the market rumors of a Chartered Semiconductor will be the major shareholder of the price at around 35 to sell its shares.
Again and again find it hard to maintain loss-making situation
Temasek Holdings, through wholly-owned subsidiary of Singapore Technologies Semiconductors (Singapore Technologies Semiconductors) Chartered Semiconductor hold about 59% of the shares. Chartered Semiconductor sale or merger rumors are no longer news, rumors re-surfaced, but confirmed that Temasek Holdings has been looking for opportunities to sell Chartered Semiconductor.
Chartered Semiconductor on the face of the third quarter of fiscal year since the five-quarter loss, a loss of 24,380,000 U.S. dollars; the fourth quarter of the last seven years, suffered the largest quarterly loss, a net loss of 100 million of 14.01 million U.S. dollars; last year suffered a net loss of 92,580,000 U.S. dollars and declared in the global 600 employees made redundant. First quarter of this year's net loss will be further expanded to 100 million 47 million U.S. dollars.
Chartered Semiconductor announced last month, placing additional shares to raise about 300 million U.S. dollars of funds to meet maturing debt, of which 800 million two years and the total amount of 8,000,000 U.S. dollars. Its total debt in 2000 from 500 million in 90.28 million U.S. dollars, year-on-year to 1.8 billion in last year's 40.46 million U.S. dollars, earnings visibility remains low, the rating agencies have lowered its rating.
As the world's third largest wafer foundries, Chartered Semiconductor certainly must strengthen its balance sheet statements, the financial flexibility to increase and retain customer confidence, and perhaps should consider whether it should withdraw from the industry, because its existence is under market value a severe test.
Many countries as a semiconductor foundry or a new shortcut to the development of national science and technology. To the Government to set up a company-led, Chartered Semiconductor is a model of our industry representatives, the Government hopes to take up science and technology leader in its role. But in this recession, the foundry of the qualitative change has already occurred, and Chartered Semiconductor are still wafer foundries only just, but, regardless of the technical, production side, capital perspective, it is impossible to develop for more than TSMC and UMC is more the size of the wafer foundries.
In the financial turmoil that swept through the global foundry difficult situation, the majority in a state of long-term loss. Chartered Semiconductor as the official support of key enterprises, in the past six months to sell the sound of crying, out of its struggle. Recent market rumors it real SMIC has entered the negotiation phase, can be sold at reasonable prices is of course the ideal outcome.
After all, the downturn in the global semiconductor market in the moment, few people have been coming to the Chartered Semiconductor hold the confidence of the business. Its share price in 2002 fell below 7 months 3 yuan since it is lost, the back roads. - 18780
posted by X - Men at
3:55 AM
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