Xu Xiulan, chairman of Globalwafers, a semiconductor silicon wafer manufacturer, said at the 41st anniversary celebration of the Hsinchu Science Park that the company is expected to have full production and sales next year, and there will be no problem with the visibility of orders in 2023.

According to Taiwanese media "Economic Daily", Xu Xiulan revealed that Globalwafers' current orders amount to NT$100 billion. Some long-term orders are 5-year orders, and some orders last for 8 years. She said that next year's full production and sales will still not be able to meet customer needs, and will strive to improve yield and production efficiency, and there will be no problem with order visibility in 2023.

Earlier, KGI Investment Advisory pointed out that a new round of new silicon wafer production capacity has begun, entering at least a three-year super cycle, supply and demand are tight, and price increases will continue at least until 2024.

According to its forecast, in 2022 and 2023, the 12-inch silicon wafer supply gap will reach 2.2% and 4.9%, respectively. Under the tight supply and demand and the upward trend of upstream material prices, the 12-inch and 8-inch wafers will increase by 10% in 2022- 20%, 5-15%. From 2022 to 2024, the 12-inch price of the global silicon wafer industry will climb for three consecutive years, and the cumulative increase will reach 30%-50%.