Chang’s farewell : “I had a good time”

“I had a good time,” said Chang, “and I hope you did too.”

Chang reckons the chip market will grow by between 6 and 8% in 2018, while the market excluding memory would grow more slowly at between 5-7%.

He reckons the foundry market will grow by 9-10% in 2018 and expects TSMC to increase market share and grow at 10-15%.

H1 2018 TSMC sales will be up over15% y-on-y and in 2H18 sales will grow at less than 10%.

TSMC’s growth in 2018 will come from HPC, IoT and automotive, the strongest of which is HPC with strong demand for AI processors and cryptocurrency mining ICs.

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