The world‘s advanced capital expenditure this year has dropped by nearly 50 year on year, and the order visibility has been shortened to 3 months

Source: IT Home Author: Changhe

    On February 21, according to Taiwan media reports, at the online corporate presentation held this afternoon, Worldclass said that there was still a small part of the capacity for customers to stock in advance in the first quarter of this year. Due to the continued weakness of consumer demand, industrial semiconductors also entered the inventory adjustment, and it is estimated that the capacity utilization rate may fall by another 10 percentage points.

    The world advanced forecasts that the revenue in the first quarter will be about NT $7.9 billion to NT $8.3 billion, with the median value of NT $8.1 billion (IT Home Note: currently about NT $1.831 billion), a decrease of about 15% compared with the previous quarter; The gross profit margin will be about 29% to 31%, and the operating profit margin will be about 14.5% to 16.5%.

    It is reported that the first quarter is the traditional off-season of operation, and customers continue to actively adjust inventory, and the shipment volume of wafers is likely to decrease. In addition, adverse exchange rate and sales unit price are the main reasons for the decline of revenue in the first quarter.

    At the same time, the world leader pointed out that in order to cope with the weak end market demand, customers actively adjusted their inventory, which reduced the order visibility to 3 months. The world‘s advanced capital expenditure this year will be conservative and prudent, and will be about NT $10 billion (currently about 2.26 billion yuan), down 48.45% from NT $19.4 billion (currently about 4.384 billion yuan) in 2022.

    Among them, 55% of the capital expenditure will be spent on wafer plant 5, 30% will be spent on other wafer plants to remove bottlenecks, 15% will be spent on routine maintenance, and the production capacity will increase by 8% in 2023.