Taiwan Semiconductor Industry 2021 Recap and Forecast for 2022
Despite the continued shortage of components due to the pandemic and the ongoing U.S.-China trade war, shipment value of the Taiwanese semiconductor industry managed to grow 31.8% year-on-year to US$130.8 billion in 2021, higher than the global average. This report covers three major subsectors of the semiconductor industry, including IC design, semiconductor manufacturing, and OSAT (Outsourced Semiconductor Assembly and Test); looks closely into key development highlights and issues in those three subsectors from the fourth quarter of 2020 to the fourth quarter of 2021; analyzes strategies of several major players in each sector and their development trends such as TSMC, MediaTek, UMC, and ASE.
- 4Q 2020 INDUSTRY KEY HIGHLIGHTS
- IC Design
- Other Chinese Brands Increase Chip Inventories as Huawei Faces Setback, Driving up IC Design Houses' Revenues
- Small IC Design Houses Affected by Crowding Out Effect amid High ICT Chip Demand
- Semiconductor Manufacturing
- Production of Mature Nodes Reaches Full Capacity Due to Transfer of Orders Caused by the U.S.-China Trade War
- Share of Revenues from Advanced Nodes Rises Dramatically as Mass Production of 5nm Chips Begins
- OSAT
- Orders from Other Chinese Brands Push OSAT Companies to Full Capacity
- Worsening Material Shortages Affect OSAT Companies' Capacity
- IC Design
- 1Q 2021 INDUSTRY KEY HIGHLIGHTS
- IC Design
- Competition in the Smartphone IC Market Becomes More Intense as Huawei Ban Continues
- Chipmakers Raise Prices as Supply-Demand Imbalance Persists
- Semiconductor Manufacturing
- Low IC Capacity Results in Crowding Out Effect
- Global Governments Stepping in to Boost Capacity for Automotive ICs
- OSAT
- Wire Bonding Demand Surges as the Automotive IC Market Recovers
- OSAT Companies Continues to Delay Lead-Times Due to Material Shortages
- IC Design
- 2Q 2021 INDUSTRY KEY HIGHLIGHTS
- IC Design
- Robust Demand for Mobile Computing Chips Continues, Leading to Strong Growth for Taiwan's IC Design Industry, Led by MediaTek and Realtek
- Driver IC Vendors Contribute Significantly to Shipment Value of Taiwan's IC Industry Thanks to Brisk Market Demand and Price Hikes
- Semiconductor Manufacturing
- Wafer Foundries Plan Capacity Expansion Aggressively, Especially for Mature 28nm Node
- Soaring Memory Demand Worldwide Drives Sustainable Revenue Growth
- OSAT
- End Market Demand Pushes OSAT Companies to Full Capacity
- OSAT Companies Suffer Short-term Impact from COVID-19 but Annual Revenue Unlikely to be Affected
- IC Design
- 3Q 2021 KEY INDUSTRY HIGHLIGHTS
- IC Design
- Rosy Outlook for Notebook PC Market on Seasonal Demand for Commercial Models and Slowdown in Global Outbreak
- Network Communication Chips in Shortest Supply with Lead Times up to 1 Year; RF IC Suppliers Experience Declining Profits
- Semiconductor Manufacturing
- TSMC's Price Hikes Caught World's Attention
- Niche-market Applications Drive Memory Vendors' Revenues
- OSAT (Outsourced Semiconductor Assembly & Test)
- COVID-19 Outbreaks in Southeast Asia Hit the OSAT Industry Hard
- Peak Season Effect Drives Revenue Growth, Yet Some Vendors' Revenues Yet to Meet Expectations
- IC Design
- INDUSTRY OUTLOOK
- IC Design
- Driver IC Suppliers' Shipments to Rise Slightly as Large-size TV Panel Demand Likely to Recover from Rock Bottom
- Forecast for Off-season Demand Revised Downward amid Supply Shortages and Tight Production Capacity but to Slowly Recover in 1Q22
- Semiconductor Manufacturing
- Wafer Foundries Aggressively Expand Production Capacity with 28nm Becoming Increasingly Important
- DRAM and NAND Flash Supply and Demand Adjustment Begins with NOR Flash Demand Continuing to Peak
- OSAT
- Declining End Market Demand and Inventory Adjustment to Affect Revenue Growth
- China's Dual Control of Energy Policy Likely to Affect Semiconductor Supply Chains
- IC Design
- APPENDIX
- List of Companies
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