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May 26, 2017

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TSMC's Chang urges a peaceful end to protests

TAIPEI, Taiwan -- Taiwan's semiconductor pioneer Morris Chang (張忠謀) on Thursday said the protracted protest against the trade pact with Beijing is casting a gloom over the nation's future, calling for a rational and peaceful solution.

Taiwan Semiconductor Manufacturing Company (TSMC, 台積電) Chairman Chang (張忠謀) yesterday addressed an audience at the annual meeting of the Taiwan Seminconductor Industry Association.

After the meeting, Chang expressed his grief and worry over the ongoing students' demonstration against the service trade agreement with mainland China, saying the tension is weighing down the nation's future development.

Chang said he hopes both students and the government should exert self-constraint, lend attentive ears to each other and find a middle ground.

"In the end, we would have to wait for the experts to give their opinions when it comes to the impact of the service trade pact with China," Chang said, adding that the impact is negligible for TSMC since the company has been grappling with global competition since the first day it was established.

TSMC last week raised its first-quarter guidance, buoyed by robust demand for sophisticated chips used in smartphones and tablets that use TSMC's 28-nanometer wafers and from customers' active restocking of their inventory.

The chairman yesterday said that he holds an upbeat view on the second and third quarters, and even the whole year of 2014.

In his speech, themed: "Next Big Thing," Chang said that although the two big things — smartphones and tablets — have been flying off the shelves for two years, he predicts that the trend will continue for another two years. As for the next big thing for the seminconductor industry, Chang broached the area of the "Internet of things "and said Taiwan should seize the core technologies of system in package, low-power consumption and sensing in order to grab the business opportunities of the next big thing.

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