Zhang Zhongmou: Challenges and opportunities coexist

Taiwan Semiconductor Manufacturing Co. chairman Zhang Zhongmou stated yesterday (9th) that the global economy is not as good as six months ago, but is confident that TSMC has reached an internal target of setting a full-year revenue growth of 20%. TSMC's operation is very high, and it will soon be possible to break the practice of paying an annual dividend of 3 yuan in the past six years and send more dividends to shareholders.

TSMC held a regular shareholders meeting yesterday hosted by Zhang Zhongmou. Targeting the market for TSMC as “Apple Concept Shares”, Zhang Zhongmou emphasized that smart phones and tablet computers are “killer products” that promote the growth of the semiconductor industry. Apple has been very successful in these two fields. “It (Apple) is TSMC's radar has been around for a long time."

Zhang Zhongmou stressed that TSMC has the technology, leading capacity and long-term customer confidence in the company, the market will be Apple's relationship with TSMC, he would not be surprised.

The media asked whether TSMC had the opportunity to accept Apple A5 or A6 processor orders? Zhang Zhongmou responded by "not making any comments on individual customers' orders."

Zhang Zhongmou pointed out that the impact of the unfavorable economic recovery of the United States, European debt, and strong earthquakes in Japan caused the global economy to be no better than half a year ago. Although emerging markets such as China still have high economic growth rates, they also accompany inflation concerns. The mainland authorities will take measures to curb inflation and will affect economic growth.

Therefore, in April of this year, he attended the American Science and Technology Forum, and the overall semiconductor industry economy this year was reduced from the original forecast of 7% growth to 4%; overall industry growth rate of wafer generation is still 12%, TSMC's growth will exceed the overall wafer OEM industry average growth.

Zhang Zhongmou stressed that even if the general environment weakens, TSMC will set its own dollar-denominated price, and the goal of 20% growth in revenue for the whole year will remain unchanged. He is confident that it will be reached.

TSMC's annual surplus of 3 yuan has reached 6 yuan. The shareholders held a meeting yesterday. The case passed a surplus of 3 yuan in cash per share for the last year. June 29 is the base day for ex-dividend, and the conversion will pay dividends of more than 77.7 billion yuan. To shareholders. The shareholders of the venue requested that they could compare with the Hon Hai shareholder meeting and issue additional dividends. Zhang Zhongmou’s move to shareholders to express Hon Hai’s issuance of dividends cannot be a temporary decision.

Zhang Zhongmou stressed that optimistic about the future performance of TSMC in the foundry industry, he is confident that in the near future, can break the limit of only 3 yuan per year.

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