TAIPEI, July 6 (Reuters) - Order books for both mature and
advanced semiconductor nodes for Taiwanese chip firms are still
very full, Economy Minister Wang Mei-hua said on Wednesday, amid
concerns about a slowdown in tech-related demand.
A significantly weaker-than-expected business outlook by
memory-chip firm Micron Technology Inc last Thursday
raised concern that, following nearly two years of strong
demand, the industry was turning towards a down cycle. That
helped to drive down some global tech
Speaking to reporters in Taipei, Wang said Taiwan's chip
industry was a world leader.
"Their orders at the moment are still very full," she said,
referring to both mature and advanced semiconductor chips.
"It looks like at the moment the business is firm for
Taiwan's semiconductor industry."
Taiwan's chip firms have benefited from a global shortage of
semiconductors, which has kept their factories operating at
capacity and driven new expansion plans.
Earlier on Wednesday, chip maker United Microelectronics
Corp, whose clients include Qualcomm Inc and
Germany's Infineon, reported that June sales soared
43.2% on the year, with first-half sales leaping 38.2%
Taiwan's Foxconn, the world's largest contract
electronics maker, raised its full-year business outlook on
Monday, reflecting strong sales of smartphones and servers,
despite concerns about slowing demand due to rising
Taiwan Semiconductor Manufacturing Co Ltd (TSMC)
, the world's largest contract chipmaker and
Asia's most valuable listed company, will report its
second-quarter earnings late next week.
(Reporting by Ben Blanchard and Yimou Lee; Editing by Andrew
Heavens and Edmund Klamann)