Dec. 9, 2022 /SemiMedia/ -- According to the performance recently released by the silicon wafer manufacturer GlobalWafers, the company achieved revenue of NT$6.046 billion in November, a decrease of 3.96% month-on-month and an increase of 10.12% year-on-year. The cumulative revenue in the first 11 months was NT$64.239 billion, a year-on-year increase of 15.06%.

GlobalWafers pointed out that as the semiconductor industry continued to decline, many customers adjusted capital expenditures. Affected by rising inflation and continued decline in consumer confidence, demand for consumer electronics products is weak.

GlobalWafers noted that shipments of its small-size products have slowed, leading to higher inventories. However, GlobalWafers expects to gradually achieve destocking in the first half of next year. Large-size and special wafers (FZ, SOI) are driven by strong growth in automotive electronics and other applications, and are in full production.

GlobalWafers expects that next year will still face multiple uncertainties, so the situation next year is still difficult to predict.