Core Viewpoint - The ongoing US-China tariff war is creating uncertainty in the global economy, leading to concerns among clients and impacting demand forecasts for the semiconductor industry. The situation requires careful observation before making predictions about the economic outlook for the year [1][2]. Group 1: Tariff Impact and Economic Outlook - The chairman of a leading semiconductor foundry noted that the tariff situation is still evolving, making it difficult to predict the global economic landscape. The potential for demand decline could have severe repercussions for the global economy if the US-China tensions are not resolved peacefully [1]. - The imposition of tariffs by the US, while initially excluding semiconductor chips, has created a climate of uncertainty that complicates industry forecasts. Companies are responding differently, with some increasing shipments to the US while others are concerned about inventory accumulation [1][2]. Group 2: Company Strategy and Investments - The company has no plans to establish manufacturing facilities in the US, focusing instead on its ongoing investment in a 12-inch wafer fab in Singapore, with an investment of nearly 200 billion TWD. The company remains committed to its existing investment plans despite the tariff situation [4]. - The company is on track with its joint venture in Singapore, with the first 12-inch fab expected to begin production in the second half of 2026 and reach mass production by 2027. The anticipated monthly capacity for the fab by 2029 is 55,000 wafers, which will create approximately 1,500 jobs and contribute to the semiconductor ecosystem [5]. Group 3: Future Projections - The company expects a moderate growth in the semiconductor market by 2025, contingent on the recovery of inventory levels. However, the ongoing tariff conflict has rendered many forecasts unreliable, making it challenging to predict future trends accurately [2]. - The company plans to allocate 60-70 billion TWD for capital expenditures in 2025, with over 90% directed towards the new Singapore 12-inch fab, ensuring a stable supply of mature process capacity [4].