Taiwan, China, China raised its electricity bill in April, and Damo: the electricity bill of the wafer foundry will increase by 15% -25%
In April, Taiwan, China, China will raise its electricity bill, which will rise by an average of 11%. Morgan Stanley (Morgan Stanley) estimated in the "Semiconductor Industry" report that the electricity bill for Taiwan, China wafer foundries will increase by 15% -25%. However, it is expected that the increase in electricity cost will have less impact on the gross margin of TSMC and UMC, and may have greater impact on the world's advanced and PSMC.
Damo pointed out that in terms of gross profit margin, it is estimated that the gross profit margin of Taiwan, China wafer foundries will decrease by about 0.6%~1.2% after the increase in electricity charges, of which PSMC is 1.2%, followed by the world's advanced 0.9%, TSMC is 0.7%, ranking third, and UMC is 0.6%, ranking fourth.
Previously, regarding the increase in electricity bills, TSMC stated that it respects relevant policy decisions, maintains its long-term financial goals, and will continue to promote energy-saving measures in the future. PSMC estimates that the increase in electricity bills will increase electricity expenses by approximately 15%, affecting gross profit margin or operating expenses costs by approximately 1.5%. According to Fang Lue, the world's leading chairman, it is estimated internally that if electricity prices increase by 15%, based on the impact of three quarters this year, the increase in electricity expenditure will be about 10% to 12%, and the impact on gross profit margin will decrease by about 0.5% to 1%. However, the impact for the entire year next year should exceed 1%.
Previously, regarding the increase in electricity bills, TSMC stated that it respects relevant policy decisions, maintains its long-term financial goals, and will continue to promote energy-saving measures in the future. PSMC estimates that the increase in electricity bills will increase electricity expenses by approximately 15%, affecting gross profit margin or operating expenses costs by approximately 1.5%. According to Fang Lue, the world's leading chairman, it is estimated internally that if electricity prices increase by 15%, based on the impact of three quarters this year, the increase in electricity expenditure will be about 10% to 12%, and the impact on gross profit margin will decrease by about 0.5% to 1%. However, the impact for the entire year next year should exceed 1%.