GlobalWafers to raise prices next year

PANDEMIC BOOST: The Hsinchu-based company expects strong demand to bring its annual revenue next year close to 2018’s record high of NT$59.06 billion

Taipei Times
Date: Dec 30, 2020
By: Lisa Wang / Staff reporter

GlobalWafers Co chairwoman Doris Hsu is pictured at a media gathering in Taipei on Monday.
Photo: Lisa Wang, Taipei Times

GlobalWafers Co (環球晶圓), the world’s No. 3 silicon wafer supplier, on Monday said that it is to raise its prices next year as 5G-related applications and the stay-at-home economy have boosted semiconductor demand during the COVID-19 pandemic, leading to supply constraints.

With limited new supply worldwide, demand is expected to rise to the peak hit in 2018, the Hsinchu-based company said.

GlobalWafers expects to produce an additional 170,000 wafers a month next year as its new 12-inch fab in South Korea is increasing production.

“We expect the new South Korea fab to reach full capacity next year. We fear we will not be able to supply as many [wafers] as customers have requested,” chairwoman Doris Hsu (徐秀蘭) told reporters at a media gathering in Taipei.    [FULL  STORY]

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