TSMC Subsides 2011 Annual Growth Rate of Non-Memory Semiconductor Market to 4%

According to Dow Jones, the chairman of Taiwan Semiconductor Manufacturing Co., Ltd., Zhang Zhongmou, a global foundry leader, said that due to the Mainland's crackdown on inflation and Japan’s earthquake, the company revised down the 2011 annual growth rate of the global non-memory semiconductor market. To 4%.

In his statement, Zhang Zhongmou stated that since the current semiconductor market situation is not as strong as the company expected 3 or 4 months ago, TSMC revised down the annual growth rate of the global semiconductor (excluding memory) market from previous estimates. The 7% is revised down to 4%.

In addition, Zhang Zhongmou also stated in the statement that he believes that the impact of the Great Japan Earthquake on the semiconductor industry will not exceed 2 seasons. However, while lowering the annual growth rate of the semi-conductor market, TSMC did not mention the impact on the company. The relevant data had to wait until April 28th at the Financial Times Law.