New Taiwan Dollar Coinciding with Asian Currency Bid and Demerit

The NT$21 morning saw a narrow correction. The foreign exchange market has a wait-and-see atmosphere. The market waits for the interest rate decision of the federation, and the intraday devaluation has slowed down, once appreciated 2.7 points, and the intraday low price was 29.939 yuan. Since the beginning of this week, the Taiwan dollar has followed the Asian currency competitions and devaluations and maintained low-end consolidations, helping to alleviate the earlier exchange loss pressure of the wafers.

The exchange rate of the New Taiwan dollar against the U.S. dollar is almost equal to the 30 yuan mark, which helps to relieve the pressure of earlier tight electronic losses. Taiwan Semiconductor Manufacturing Co (2330-TW) (TSM-US) estimated its third-quarter revenue earlier, based on NT$ 28.72 against the US dollar. It is expected that consolidated revenue will be between NT$10,201 billion and NT$10,400 million, but customers will be in urgent need. Under the influence of the devaluation and the depreciation of the NT dollar, TSMC said that the third quarter revenue performance will be better than the previous legal opinion.

UMC-US (UMC-US) also stated that it was estimated that the growth in the terminal market will slow down and that customers will be conservative. In the third quarter, it will be based on NT$ 28.5 against the US dollar, and it is estimated that the camp will The contract period was reduced by 11-13%. As the appreciation of the Taiwan dollar weakened, the exchange loss pressure eased compared to the first half of the year. However, the overall economic uncertainties affecting the semiconductor market during the peak season remain unchanged.

In the operating profit ratio, UMC’s 2nd quarter was based on the exchange rate of NT$28.9. The company continued to hedge against the US dollar with a 2% appreciation of the US dollar. If the NT$ per US dollar rises by 1%, the operating interest rate of UMC will decline. 0.5%. In addition, according to the internal model of TSMC, the operating profit rate fell by 0.4%.