High inventory of semiconductor excess alarm sounded

The day before, research firm Gartner said the three quarter of 2011, the semiconductor inventory will further enhance, reached "alarming" level, the world's third largest semiconductor foundry enterprises Globalfoundries semiconductor (GlobalFoundries) CEO AjitManocha media interview explicitly pointed out: "overcapacity in the industry has begun to sound the alarm. "

In the downstream of PC and communication terminal industry boom in the background, the semiconductor industry is still expanding investment stride forward singing militant songs. According to incomplete statistics, in 2011 the German side invested $5 billion 400 million, Samsung and TSMC invested $9 billion 200 million and $7 billion 800 million to continue to overweight the semiconductor industry. In the case of the current high inventory of semiconductor companies, the most optimistic estimates also need to achieve the balance of production and sales in the second quarter of 2012.

After the financial crisis and the impact of Japan's earthquake, just recovering from the semiconductor manufacturers such as SMIC, grace semiconductor and Intel Chinese packaging and testing plant have been restored to full load or near full load operation. How to deal with excess production capacity brought about by the pressure of competition, ASE founder Zhang Qiansheng said, to ensure the patented products and advanced technology is the fundamental guarantee of the capacity to digest.

At present, many mainland enterprises encounter difficulties ", partly because of its own production equipment than mainland enterprises, need professional high-end talent is not enough; on the other hand, the semiconductor enterprises need high-end talent mostly from abroad come, human resources cost is high, the cost is difficult to drop down. Product technology patents and advanced enough, resulting in the production of low-end products, lower profits. In simple terms, is caught in the plight of high investment and low income. Zhang Qiansheng pointed out in an interview with reporters.

Prior to JP Morgan analyst ChristopherDanELy has said that the contribution of about 40% semiconductor sales of PC terminal market showed weakness, contributing to the end of the 25% chip sales communications market is also showing signs of weakness. According to the latest report, Gartner pointed out that the current overall economic weakness in the semiconductor industry, resulting in a high level of inventory, so semiconductor companies need to reduce production, and take the necessary measures to reduce inventory. Such as the semiconductor industry to implement inventory adjustment policy, the most optimistic is expected in the second quarter of 2012 to achieve the balance of production and marketing.

According to the reporter, at present the enterprise distribution of semiconductor packaging and testing industry is very fragmented, engaged in packaging business globally, about 150 or so, most enterprises only accounted for about 7% of the share. Insiders told reporters that, in fact, the industry does not need so many companies, about 20 is enough.

Due to overcapacity, enterprises scattered layout of industry concentration is not high, the integration of semiconductor packaging and testing companies a large area of the future, in order to improve the degree of industrial concentration. Prior to February 2009, Intel announced the closure of the plant in Shanghai, and in the next year will be transferred to the Shanghai production capacity of the packaging test plant in Chengdu. In addition, the Dalian plant also assumed the original production tasks in East china. Analysts believe that the future for quite some time, integration may be the largest theme of the semiconductor industry.