Today, GlobalWafers' Chairman, Hsiu-Lan Hsu, announced that the semiconductor silicon wafer market is currently grappling with an oversupply situation, estimated to be in the range of 5% to 10%. This oversupply is coupled with sluggish demand in markets reliant on mature semiconductor manufacturing processes. In stark contrast, the demand for 12-inch silicon wafers remains robust, with capacity utilization rates soaring above 95%. GlobalWafers recently conducted an online institutional investor conference to disclose its third-quarter operational performance. The company's revenue for the third quarter dipped to NT$14.493 billion, marking a 9.5% sequential decline. This downturn was primarily attributed to certain customers accelerating their orders into the second quarter, compounded by adverse exchange rate fluctuations.
