In today’s briefing:
- SUMCO (3436 JP): CEO Describes Tight Supply, Rising Prices
SUMCO (3436 JP): CEO Describes Tight Supply, Rising Prices
- CEO Hashimoto told the Nikkei newspaper that customers are ordering silicon wafers at higher prices before they are made, even as production capacity is being increased.
- SEMI and TSMC announcements point to rising wafer demand for at least another two years. SUMCO’s expansion plans suggest at least three years.
- We continue to recommend buying into the current weakness for the medium to long term.
Before it’s here, it’s on Smartkarma
