According to Electronic Times, due to the slow process of de-stocking, demand has not seen a significant uptick, many semiconductor industry chain companies choose to announce all the bad news in Q4, looking forward to a quick bottom and then revive the flag. The industry expects that the worst case scenario of semiconductor and electronics industry chain performance may fall in 2022 Q4 and 2023 Q1.

By the global economic downturn inflation and other factors, the semiconductor industry chain demand is weak. Although many companies are not in the loss, but in the customer to stop pulling goods, cut orders and the impact of price drops, Q4 revenue will decline significantly. Industry estimates, semiconductor, electronics industry operations are expected to fall in the worst case in 2022 Q4 and 2023 Q1, many manufacturers have been in advance in the second quarter, the third quarter has shown weakness. Among them, the terminal PC, cell phone brands and IC design manufacturers and other supply chain performance quickly reversed downward, a number of major manufacturers have warned that inventory down to normal levels at least a few quarters of time to digest.

In the third quarter, the supply chain has been revealing plummeting earnings, and the financial test has been continuously revised downward, while the international makers Intel (Intel) and Meta are very conservative in their future outlook and have started layoff plans.

Such as Intel in late October on the revision of 2022 full-year earnings estimates, revenue from the beginning of the year estimated at $ 76 billion, reduced to $ 63 billion to $ 64 billion, and decided to cut $ 3 billion in operating costs in 2023, up to $ 10 billion before 2025. Qualcomm has also significantly revised its 2022 global smartphone shipment forecast, and announced that it will freeze personnel and cut expenses, while MediaTek estimates that Q4 revenue will be reduced by more than 20% quarterly.

Yesterday, Samsung warned that inventory continues to rise. Because of weak product demand, Samsung inventory assets increased in the third quarter, more than 57 trillion won. To reduce supply chain risk, Samsung had increased raw material purchases, but the global demand for its products did not recover in the ongoing recession.

source：aijiwei