Scan the QR code with wechat < / P > < p > and share it with friends and circle of friends < / P > < p > < / P > < p > under the continuous wave of "core shortage", TSMC, the leader of wafer foundry, has also joined the army of price increase < p > on August 6, Taiwan media reported that TSMC had informed its customers that the price of its 12 inch wafer manufacturing service for LCD driver chip suppliers will be increased by 15-20% from August, which will urge suppliers to increase the chip quotation of end customers. Just this week, Samsung also announced its price increase plan. In fact, since the semiconductor production capacity shortage began in the fourth quarter of last year, liandian, Liji and other OEM factories have started raising prices at least twice. The addition of leading TSMC may mean that the high outlook of semiconductor will continue < p > in the case of global semiconductor wafer capacity in short supply, the performance growth of domestic leading SMIC in the second quarter was much higher than expected, and the net profit increased nearly four times year-on-year, which attracted market attention. Zhao Haijun, CO CEO of SMIC international, revealed that from the current supplier commitments, the company can complete the production expansion target announced at the beginning of the year in the fourth quarter“ We understand that we have high expectations for SMIC, but there is no curve overtaking and jumping forward in the IC manufacturing industry. The company will grasp its own advantages in subdivided fields and improve its core competitiveness. " < p > at the same time, since the second quarter, the semiconductor industry in the A-share market has ushered in a collective outbreak, and many companies have achieved "flying together" with the stock price. However, we need to be vigilant that the semiconductor industry seems to have a "cooling" trend recently. According to statistics, ETF in the semiconductor industry has become the industry sector with the largest net outflow for two consecutive months. A semiconductor fund manager believes that people in the secondary market are indeed too optimistic recently. The performance of the semiconductor industry chain is cyclical and the differentiation has been opened. For the recent A-share chip boom, CCTV financial commented on the evening of August 6 that "lack of core" is not the reason for "speculation of core" < p > TSMC's 12 inch wafer manufacturing service may increase the price by 15-20% < / P > < p > on August 6, according to industry insiders quoted by DIGITIMES, TSMC has informed customers that from August, the price of its 12 inch wafer manufacturing service for LCD driver chip suppliers will increase by 15-20%, which will urge suppliers to improve the chip quotation of end customers < p > it is reported that the average quotation of LCD driver IC and tddi chips invested in TSMC 80nm process technology in the past is about US $1400-1600, and there has been no real increase since the second half of 2020. Compared with the increase of competitors, the price quoted by TSMC for driver IC in the current 80nm process has become the lowest in the industry. Therefore, it has attracted local LCD driver IC Design plants to compete for production capacity, and the order visibility has been extended all the way to 2022 < p > although the TSMC business representative did not explain the reason for the price increase, according to the local chip suppliers, the main reason is that TSMC is too full of orders, so there has been opposition within the company to the price preferential strategy given to specific customers, products and markets supported by the past strategy. In addition, the competitor liandian's second quarter financial report was too dazzling, and the third quarter operation outlook was quite pleasantly surprised, which was the last straw to crush TSMC's unwillingness to easily mobilize the quotation camp < p > it is reported that the rise of TSMC is expected to contribute to a new wave of chip price rise in the third quarter. After all, from now on, the cost of new wafers has increased by 15-20% compared with the past, and it is the voice of the industry leader. When customers are willing to absorb excess costs by themselves, it is expected that the quotation rise of terminal OLED and LCD driven IC will rise again < p > at the same time, Samsung also said this week that it would adjust the pricing of its semiconductor wafers to fund the expansion of its S5 Fab near pingze, South Korea. Samsung believes that the efforts to finance S5 factory will increase the price of consumer technologies including GPU and SOC in the short term < p > with TSMC also joining the "price increase army" in this round, it may mean that the high popularity of semiconductors will continue. Earlier, Minsheng Securities said that since the beginning of Q4 capacity shortage last year, Taiwan's agent factories have raised prices at least twice, with a cumulative increase of more than 30%, and the 21q2 performance of Taiwan factories such as liandian and Liji reached a record high. It is believed that this price increase will further strengthen the current logic of price increase for lack of core, improve the annual performance expectation of OEM enterprises, and the high boom is expected to last until 2022 < p > in terms of share price, TSMC has been trading sideways at a high level this year. In terms of US dollars, the latest market value exceeds US $600 billion (equivalent to nearly 4 trillion yuan) < p > SMIC's second quarterly report greatly exceeded expectations, and its net profit increased by nearly four times year-on-year < / P > < p > it is precisely benefiting from the high boom of this round of semiconductor market that SMIC, the leader of domestic semiconductor OEM, handed over a bright "report card" in the second quarter of this year, and its performance growth greatly exceeded expectations < p > on the evening of August 5, SMIC released its second quarterly report on the stock exchange. Under the international accounting standards, in the second quarter of 2021, SMIC's international sales revenue was US $1.344 billion (about RMB 8.692 billion), an increase of 21.8% month on month and 43.2% year-on-year; The net profit was US $688 million (about RMB 4.449 billion), a month on month increase of 332.9% and a year-on-year increase of 398.5%. The gross profit margin was 30.1%, compared with 22.7% in the first quarter of 2021 and 26.5% in the second quarter of 2020 < p > at the online performance briefing held in the morning of August 6, Gao Yonggang, CFO of SMIC, said: "the main driving force of performance growth is the increase of shipments, product portfolio optimization and price adjustment." It is reported that the impact of price increase factors is about 9% < p > at the same time, Zhao Haijun, CO CEO of SMIC international, revealed at the meeting that from the supplier commitments obtained so far, the company can complete the production expansion target announced at the beginning of the year in the fourth quarter and maintain the annual capital expenditure of US $4.3 billion. At the end of the year, it will complete 10000 pieces of 12 inch monthly capacity expansion and 45000 pieces of 8-inch monthly capacity expansion < p > "SMIC first respects the contract, but then it will make adjustments according to the market trend. In fact, the price rise of SMIC in the market has been relatively lagging and cautious. SMIC will make adjustments after other peers have raised their prices." Zhao Haijun revealed < p > however, the list of entities in the United States is still an important risk for the company, especially in improving production capacity. Zhao Haijun disclosed that the licensing of some 28nm and 14nm related process equipment of the company was postponed by the United States, and is currently working with suppliers to communicate and solve it. The second quarterly report shows that the company's capacity utilization rate in the second quarter of this year reached 100.4%, up from 98.7% in the first quarter of this year and down from the same period last year98.6% in the second quarter of 2014 has increased, and has realized full load or even overload operation < p > "we understand that we have high expectations for SMIC, but there is no curve overtaking and jumping forward in the IC manufacturing industry. The company will grasp its own advantages in subdivided fields and improve its core competitiveness. "& nbsp; Zhao Haijun and Liang Mengsong, CO CEOs of SMIC, said in the second quarterly report < p > at the opening of trading on August 6, SMIC's a shares and Hong Kong shares both rose, of which Hong Kong shares rose by more than 5% during the session, and then the share price tended to fall back to close at HK $28.15/share, an increase of 0.9%, and a shares closed at 67.46 yuan / share, an increase of 0.39%. It is worth noting that SMIC's share price did not follow the general rise of A-share semiconductor since the end of March, but did not start the rise mode until the end of July when a shares and Hong Kong shares suddenly suffered a sharp decline in policy risk. In the past 14 trading days, SMIC's share price of A shares and Hong Kong shares both rose by more than 30% < p > according to the latest research report of CITIC Securities, the company's 2021q2 performance and Q3 guidelines are better than expected, and the mature process capacity continues to be fully loaded. It has long been optimistic about the company's strategy of continuously expanding production on a large scale with high capital expenditure and continuously carrying out research and development of characteristic processes and advanced technologies, and believes that the company has the ability to surpass international second-line manufacturers. The company is the core of the chip manufacturing industry, which represents the highest level of silicon based semiconductor manufacturing in Chinese mainland. p> < p > the continuous outbreak of A-share semiconductor companies < / P > < p > wind data show that most of the 39 semiconductor industry companies that have released the performance forecast of the mid-term report in 2021 have achieved significant growth. Among them, Beijing Junzheng announced that its net profit was 313-403 million yuan, with a range of 26-34 times. At the same time, since the second quarter, the share prices of Companies in the semiconductor industry have shown a general upward trend, and the share prices of a total of 20 companies have doubled, of which the share prices of Fuman electronics and national technology have increased by more than three times, and the share prices of guokewei and Ming microelectronics have increased by more than two times < p > since the second quarter, semiconductor investment in the A-share market has been extremely hot. However, it is necessary to be vigilant that the semiconductor industry seems to have a "cooling" trend. According to statistics, in July, A-share ETF funds slightly net outflow of 6.4 billion yuan, of which the semiconductor industry ETF net outflow of 3.8 billion yuan, has become the industry sector with the largest net outflow for two consecutive months < p > a semiconductor fund manager said that people in the secondary market are really too optimistic recently“ From the perspective of overseas markets, the performance of the semiconductor industry chain is also cyclical. From the medium and long-term logic, we can see that in the next 2-3 years, semiconductors will be the most popular technology stocks. We can clearly see this trend from the friendly macro policy environment, the upgrading of product structure and the improvement of product capacity. However, because this sector overdraw too much growth in the short term, it is a high probability event to digest it in a fluctuating way. " < p > at the same time, the fund manager believes that differentiation has opened in the recent rise“ For example, the main line of product structure upgrading will continue, but individual stocks that simply use price increases as a gimmick or gain benefits from passive price increases may have come to an end. " < p > it is worth noting that on the evening of August 6, CCTV Finance issued a document saying that some dealers maliciously raised prices, causing market price chaos and aggravating market panic. Automobile enterprises have no choice but to hoard and scavenge a large number of goods, improve chip inventory, so as to resist future risks and further aggravate the dilemma of "lack of core", leading to a vicious circle. In the eyes of some people, "fried core" seems to be the inevitable product of "lack of core", but when more automobile enterprises that can't get the chip can't carry it, stop production or even close down, who will be hurt in the end“ The example of "garlic is cruel" turning into "garlic is miserable" is right in front of us“ "Lack of core" is not the reason for "frying core"