Global Wafer Co., Ltd Plans to Increase Wafer Prices
Global Wafer Co., Ltd is currently fully loaded with full production capacity. Chairman Xu Xiulan said that it is expected to remain fully loaded in the first half of next year and will gradually increase the spot price of its products.
Xu Xiulan said that with the recovery of the automotive electronics market in August and September, Global Wafer Co., Ltd is expected to increase its operations quarter by quarter this year, and its performance is in line with expectations. Only due to the impact of the strong exchange rate of the New Taiwan dollar, the annual revenue may decrease compared with last year.
Looking forward to the future, Xu Xiulan said that the current capacity of 6-inch, 8-inch and 12-inch silicon wafers is fully loaded, and it is expected to remain fully loaded in the first half of next year. Opportunities remain at the highest level in history.
Taking into account the full capacity and exchange rate factors, Xu Xiulan said that Global Wafer Co., Ltd has increased the spot price of 12-inch silicon wafers, and the spot prices of other products will gradually increase. The overall long-term contract weight will decline. It is expected that the average selling price of products next year may be higher than this year.
Xu Xiulan said that the epidemic is accelerating digital transformation, which will drive the rapid development of applications such as 5G and big data. It is expected that future applications will continue to increase, including cloud, Internet of Things and automotive electronics. The market conditions in 2022 are expected to be better than next year.
News Date: 29 December, 2020
First image Source: shutterstock