TSMC Wei Zhe's internal letter exposed: encourage employees to take more vacations to recharge and then work hard

According to the Taiwanese media "Economic Daily", TSMC President Wei Zhejia pointed out in an internal letter that the accelerated digital transformation due to the epidemic and the needs of 5G and AI in the market have driven the growth of TSMC's business. Special thanks to the employees for their hard work in the past three years. At present, life is gradually normal. We encourage employees to spend more time with their families, and continue to work hard after taking vacations to recharge.

According to industry insiders, this internal letter was issued at about 4 pm on the same day, and it was stated in the form of a video. The speaker of the video was Wei Zhejia.

Previously, Wei Zhejia said frankly at the third-quarter legal conference that TSMC's target process product portfolio will continue to increase in 2023, and the capacity utilization rate in 2023 will continue to be maintained under the value increase, and it will still be a year of growth, but TSMC's 7nm capacity utilization The rate has weakened in the short term due to changes in market demand, mainly due to the fact that most of the customer needs for mobile phones and PCs use 6nm/7nm related adjustments have occurred simultaneously (It's just Happened) inventory adjustments.

In the face of analysts asking why the utilization rate of the 7nm process is lower than that of other processes, Wei Zhejia explained that the decline in demand, including the weakening of the market, including smartphones and PCs, also affects the utilization rate of some 7nm families. However, it is expected that there will be a recovery in the second quarter, mainly due to the continuous close cooperation with customers to ensure that subsequent applications will drive the continuous growth of 6nm/7nm in the future.