2025-04-02: TSMC Inaugurates Landmark 2nm Semiconductor Facility in Kaohsiung
Samsung SDI Achieves Breakthrough with Mass Production of 46-Series Cylindrical Batteries
Good Morning,
Below are some of the most important developments in the artificial intelligence, semiconductors, and cloud computing sectors in Asia today.
▪️ Taiwan: TSMC Inaugurates Landmark 2nm Semiconductor Facility in Kaohsiung
TSMC's expansion in Kaohsiung marks a major development in advanced semiconductor manufacturing.
▪️ South Korea: Samsung SDI Achieves Breakthrough with Mass Production of 46-Series Cylindrical Batteries
Samsung SDI has reached a major milestone with the mass production of its advanced 46-series cylindrical batteries.
▪️ South Korea: SK Hynix's Strategic Position Fuels Memory Market Leadership
SK Hynix leads the memory market with strategic product offerings and favorable pricing trends.
▪️ Taiwan: Taiwan Market Tumbles Amid TSMC Sell-Off and Tariff Anxiety
Taiwan's stock market and TSMC price fluctuations illustrate the market's vulnerability amid geopolitical tariff concerns.
▪️ Taiwan: GlobalFoundries and UMC Merger Talks Highlight Potential Market Shift
UMC and GlobalFoundries are exploring a potential merger that would create a combined entity with considerably enhanced market presence.
▪️ China: China's Rapid Advancements in AI and Strategic Talent Investments
China's initiatives in technology and innovation are driving rapid growth and strategic investments in the artificial intelligence sector.
For more information on these developments, please see the full report below.
Thanks for reading,
Rodney J Johnson
Today's Developments
Widely Reported On Issues of Importance
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TSMC Inaugurates Landmark 2nm Semiconductor Facility in Kaohsiung
TSMC's expansion in Kaohsiung marks a major development in advanced semiconductor manufacturing.
TSMC recently inaugurated a 2nm production expansion facility at Nanzih Science Park in Kaohsiung, centering its efforts around the Fab 22 complex.
The company has invested more than NT$1.5 trillion in a project that will progress in multiple phases, ultimately forming one of the world's largest advanced process wafer manufacturing clusters. The facility, which spans an area equivalent to over 46 football fields, features a vast clean room area that is twice the size of that in a standard logic fab.
Taiwanese government officials, including Kaohsiung Mayor Chen Chi-mai and Premier Toh Jung-tai, attended the ceremony, demonstrating strong local commitment and support for the semiconductor industry in the southern region.
Their remarks indicated that the facility will facilitate the return of local talent and enhance industrial competitiveness as part of the broader Greater Southern New Silicon Valley initiative. Collaborative government efforts have promoted balanced regional development by integrating cities such as Chiayi, Tainan, Kaohsiung, and Pingtung, thereby strengthening Taiwan's semiconductor ecosystem.
The new Kaohsiung facility is set to begin mass production of 2nm chips in the second half of 2025.
TSMC anticipates that the advanced process will offer enhanced transistor density, speed improvements of 10-15 percent over the 3nm process, and power consumption reductions of 25-30 percent. Within the first two years of mass production, the company expects the number of finalized designs for the 2nm process to exceed those for the 3nm process, addressing growing global market demand for cutting-edge semiconductor technology. These advanced production capabilities are projected to drive substantial economic output, with an estimated annual contribution of NT$3 trillion in output value and support for nearly 500,000 jobs across Taiwan through supply chain effects.
The investment in Kaohsiung also creates over 7,000 high-tech jobs and more than 20,000 construction roles, marking an important step in Taiwan's industrial transformation.
TSMC will integrate the 2nm technology into applications such as supercomputers, mobile devices, and cloud data centers, with a projected global product value of approximately US$2.5 trillion within five years of launch. The project places an emphasis on sustainability as the facility is designed to meet Taiwan's Green Building EEWH and the US Green Building LEED certification standards, incorporating initiatives for renewable energy and recycled water.
References for this Development
不顧卓揆親臨！台積電2奈米擴產董座缺席 5座廠花不到赴美一半
ETtoday | Local Language | News
台積電2奈米高雄擴產 共同營運長秦永沛：持續擴大在台投資
TSMC 2nm Kaohsiung expansion co-COO Qin Yongpei: Continue to expand investment in Taiwan
ETtoday | Local Language | News
全球晶圓代工龍頭台積電持續加碼投資高雄 2奈米廠上樑擴產寫下全球半導體先進製造新里程
Kaohsiung City | Local Language | CityState
TSMC to invest over NT$1.5 trillion in Kaohsiung complex
Focus Taiwan | English | News
台積電2奈米預計下半年量產 高雄晶圓22廠投資逾1.5兆
NOWnews | Local Language | News
台積電高雄廠2奈米擴產 陳其邁：市府做堅強後盾
TSMC Kaohsiung plant expands 2nm production Chen Chi-mai: City government provides strong support
Central News Agency | Local Language | News
台積電高雄擴產 經部：南科半導體製造聚落全球最大
Central News Agency | Local Language | News
台積高雄2奈米廠擴產上梁 將成全球最大先進製程晶圓聚落
Yahoo News Taiwan | Local Language | News
2奈米預計下半年量產 台積電：將投資高雄晶圓22廠逾1.5兆元
The Storm Media | Local Language | News
閎康：全台首部頂級TEM投入 加速2奈米以下研發驗證
United Daily News | Local Language | News
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Samsung SDI Achieves Breakthrough with Mass Production of 46-Series Cylindrical Batteries
Samsung SDI has reached a major milestone with the mass production of its advanced 46-series cylindrical batteries.
Samsung SDI has begun large‐scale production of its 46-series cylindrical batteries, marking the first time a Korean manufacturer has achieved this breakthrough.
The batteries, which measure 46 mm in diameter and 95 mm in height, are produced at the Cheonan plant in South Korea and then assembled into modules in Vietnam. An early supply agreement with a US micro-mobility manufacturer demonstrates the strategic importance of this production, which has reached large-scale output more than a year ahead of schedule.
The 46-series batteries incorporate high-nickel, nickel-cobalt-aluminum cathodes paired with silicon-carbon nanocomposite anodes.
The design connects the electrodes directly to the current collectors, reducing internal resistance by 90 percent and enhancing current delivery. These technological improvements enable the batteries to hold approximately six times the energy of the previous 21700 model, thereby reducing the number of cells needed in electric vehicle battery packs.
Samsung SDI is actively engaging in discussions with major electric vehicle manufacturers regarding future supply and collaboration.
Industry sources mention that BMW may adopt these cylindrical batteries for its Neue Klasse platform, scheduled for launch later this year. Global market projections indicate significant growth potential for the 46-series battery segment, with production expected to rise from 155 gigawatt-hours in 2025 to 650 gigawatt-hours by 2030, reflecting an average annual growth rate of about 33 percent.
References for this Development
Samsung SDI starts 46-series battery production, ships to US client
Korea Times | English | News
Samsung SDI fast-tracks 46-series cylindrical battery production, signs US deal
Korea Herald | English | News
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SK Hynix's Strategic Position Fuels Memory Market Leadership
SK Hynix leads the memory market with strategic product offerings and favorable pricing trends.
NH Investment & Securities has raised SK Hynix’s target stock price from 270,000 won to 290,000 won, driven by expectations for a rebound in NAND and DRAM prices.
The firm bases its revision on the company’s increasing sales proportion of enterprise solid-state drives (eSSDs) and 5th-generation high-bandwidth memory (HBM3E) products, which serve as critical components for artificial intelligence applications. Researcher Ryu Young-ho stated that, although many memory companies maintain a conservative outlook on NAND, anticipated supply cuts and inventory adjustments signal that DRAM prices will rise while NAND prices will stabilize from the second quarter onward.
SK Hynix maintains its market prominence by focusing on high value-added products, exemplified by the expected increase in shipments of 12-layer HBM3E products later in the year.
Projections indicate that the company will achieve an operating profit of 6.7 trillion won for the first quarter, slightly exceeding consensus estimates, with sales forecast to rise 36.4% year-over-year to 16.9 trillion won. Although the first quarter has traditionally recorded lower profits than the preceding quarter, HBM sales are expected to bolster DRAM revenues and offset potential downward trends.
The broader memory market shows signs of recovery, with NAND prices rising significantly in March 2025.
General-purpose MLC 128Gb memory prices increased nearly 10% month-over-month to an average of $2.51 following a year-end decline. This recovery resulted from a reduction in large-capacity TLC and QLC NAND products and is expected to continue as demand grows from the expanding AI infrastructure, particularly in China. Rising demand for high-capacity memory—including SLC NAND used as buffer storage and high-value DRAM products—further supports this positive market trajectory.
In the DRAM sector, general-purpose DDR4 product prices have stabilized after an earlier decline while momentum for high-value DDR5 products grows.
A limited supply of DDR5 from SK Hynix coupled with increased demand from sectors such as Chinese gaming notebooks pushed the contract price of DDR5 16Gb products up by 12%. Suppliers are now adjusting their strategies and concentrating on server DRAM production during the first half of the year, reflecting a notable market shift.
References for this Development
D램·낸드 가격 '반등'…삼성·SK 숨통 틔우나
DRAM and NAND prices 'rebound'... Will it give Samsung and SK a breather?
ZD Net Korea | Local Language | News
"SK하이닉스, 글로벌 1위 메모리 업체로 부상…목표가 29만원"-NH
"SK Hynix emerges as the world's No. 1 memory company... Target price 290,000 won" - NH
Hankyung | Local Language | News
Yonhap | English | News
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Taiwan Market Tumbles Amid TSMC Sell-Off and Tariff Anxiety
Taiwan's stock market and TSMC price fluctuations illustrate the market's vulnerability amid geopolitical tariff concerns.
Taiwan's stock market experienced a significant, multifaceted downturn on March 31, 2025, with a steep decline of approximately 906.99 points—the fourth largest single-day drop in the market's history.
A major contributor to this slide was Taiwan Semiconductor Manufacturing Company (TSMC), whose stock fell by 4.41% to close at 910 yuan. On that day, TSMC's market value shrank by nearly NT$1.09 trillion, and over the course of March, it evaporated by NT$3.37 trillion. The company accounted for roughly 12.8% of the total transaction value, with a transaction volume exceeding 53.6 billion yuan.
Regional reactions followed remarks from US President Trump regarding the imposition of reciprocal tariffs on all countries.
This impending tariff policy generated significant uncertainty, prompting both domestic and international investors to reduce trading volumes and adopt defensive positions. Institutional investors, including foreign capital, engaged in sweeping sell-offs that cumulatively offloaded tens of billions of yuan, further deepening the market decline.
Retail investors also played a notable role, executing record odd-lot transactions that amounted to nearly 6.772 billion yuan in TSMC stock on March 31.
Although market sentiment rebounded on April 1—with an early lift of over 300 points—volatility persisted. Key market players such as Foxconn and several high-priced technology stocks experienced declines ranging between 3% and 6%, reinforcing the fragile state of the market amid escalating tariff-related concerns.
Government authorities, including the Ministry of Finance and regulatory bodies, took steps to assess the situation and review potential impacts on various sectors, particularly semiconductor and computer equipment industries.
They evaluated tariffs on susceptible products and considered mobilizing the National Security Fund if interventions became necessary, while also emphasizing Taiwan's economic resilience through strong export growth and substantial pre-tax profit gains among domestic listed companies.
Broader financial instruments also experienced shifts, as trading volumes and options activity reflected a decline in institutional net short positions and a change in the put/call ratio.
US stock indices moved variably, with TSMC's American Depositary Receipts posting slight gains while other companies recorded varying degrees of decline. These developments illustrate a market in flux, driven by uncertainties surrounding the impending tariff policy and its potential ripple effects across global supply chains and technological industries.
References for this Development
卓揆出席台積公司二奈米擴產典禮 肯定實現「布局全球，根留臺灣」承諾
Executive Yuan | Local Language | Government
台股大血洗跌906點！國安基金將進場？阮清華這樣回
Yahoo News Taiwan | Local Language | News
史上第4大！台股屠殺906點 台積電跌42元至910
The 4th largest in history! Taiwan Stock Exchange slaughtered 906 points, TSMC fell 42 yuan to 910
ETtoday | Local Language | News
台股上演「黑色星期一」 暴跌906點創歷史第4大跌點｜#鏡新聞
Yahoo News Taiwan | Local Language | News
台積電1天市值蒸發逾1兆 3月市值大減3.37兆元
Central News Agency | Local Language | News
台積電漲19元至929 指數大漲逾310點收復2萬1
TSMC rose by 19 yuan to 929, and the index rose by more than 310 points to regain 21,000
ETtoday | Local Language | News
台股匯黑色星期一 台積市值蒸發1.09兆
Taiwan Stock Exchange Black Monday: TSMC's market value evaporated by 1.09 trillion
United Daily News | Local Language | News
台股暴跌 證交所籲投資人回歸基本面理性評估
Central News Agency | Local Language | News
台股暴跌 法人：須提防關稅戰利空蔓延到基本面
Central News Agency | Local Language | News
台股挫906點第4大跌點 投顧：清明連假前賣壓仍重
Central News Agency | Local Language | News
台股狂殺，高股息ETF還能避險？阮慕驊分析「出大問題」：比市值型還要更注意
The Storm Media | Local Language | News
台股狂瀉900點十大權值股齊挫！廣達跌近7%最慘
Yahoo Finance | Local Language | News
台股殺900多點…00950B卻逆勢上漲「價差領息」全都有！明最後買進日
United Daily News | Local Language | News
TAIEX plunges 4.2%, 4th-steepest single-day drop
Taipei Times | English | News
台股大跌過後早盤漲逾300點 台積電開漲19元
United Daily News | Local Language | News
台積電「根留台灣」題材失靈 最後一盤爆1.2萬張賣壓摜最低910元
ETtoday | Local Language | News
台股暴跌906點 證交所呼籲投資人回歸基本面理性評估
United Daily News | Local Language | News
美國關稅新政重擊台股 國安基金必要時討論進場
United Daily News | Local Language | News
對等關稅拖累！台股重挫906點「史上第4大」 台積電跌42元收910元
TTV News | Local Language | News
台股重挫906點 融資餘額大減157億
Taiwan stocks plunged 906 points, and margin balance dropped by NT$15.7 billion
Central News Agency | Local Language | News
台積電從千元殺到910 前財務長高喊「千萬要貪心」：此時不買更待何時？
The Storm Media | Local Language | News
台股狂殺906點史上第4大 前十大慘跌榜賴政府包一半
ETtoday | Local Language | News
台股血崩906點「史上第4大」 上市櫃79檔慘跌停
Yahoo News Taiwan | Local Language | News
台股狂殺906點 3檔高息ETF愈跌愈買成交量霸榜
ETtoday | Local Language | News
外資狠砍台股378億 前十大賣超榜6檔金控股入列
ETtoday | Local Language | News
台股狂殺800點 台積、鴻海該認賠？ 分析師：沒有賣的理由
Yahoo News Taiwan | Local Language | News
台股狂瀉900點創「今年最大跌點」 證交所信心喊話2件事
NOWnews | Local Language | News
《台北股市》晶圓雙雄領軍 台股彈300點反攻2萬1
Yahoo Finance | Local Language | News
台股盤中崩800點 國安基金操盤手鬆口「必要時進場」護盤
ETtoday | Local Language | News
台股崩跌906點 高價股慘綠降至12千金
Taiwan stock market crashed 906 points, high-priced stocks fell to 12,000 yuan
Central News Agency | Local Language | News
台股殺906點台積電跌逾4％ 專家：等2落底訊號出現再進場
Yahoo News Taiwan | Local Language | News
【台股Q1風雲榜】上市20大衰股出爐！「最慘鴻家軍」列全額交割股...跌幅近7成
Yahoo Finance | Local Language | News
台積電ADR小漲 法人：台股觀察融資與外資動向
TSMC ADR rose slightly: Taiwan stocks observe financing and foreign investment trends
Central News Agency | Local Language | News
【台股盤中】台積電領漲類股齊揚 台股盤中大漲逾450點
Yahoo Finance | Local Language | News
台股驚跌906點！一表看歷年單日暴跌後漲勢 建議高息ETF進場點
ETtoday | Local Language | News
台股慘遭血洗！美祭對等關稅前夕 指數暴跌逾900點失守2萬1 台積電大崩42元
The Storm Media | Local Language | News
外資一季賣一年的量！首季累計6822億元 刷新台股單季賣超紀錄
NOWnews | Local Language | News
快訊／美股三大指數低開！道瓊跌300多點 台積電ADR跌1.78%
ETtoday | Local Language | News
台股創收盤「第4大跌點」！國安基金進場護盤？ 財政部回應了
TTV News | Local Language | News
台股盤中》買單湧入 指數強彈逾500點重返21200點
Liberty Times Net | Local Language | News
收復21000點！台股早盤上漲快400點 台積電漲逾2%至933元
NOWnews | Local Language | News
跌了近1500點僅三個交易日！達人「跟自己比」：有人買10張台積電卻睡不著
United Daily News | Local Language | News
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GlobalFoundries and UMC Merger Talks Highlight Potential Market Shift
UMC and GlobalFoundries are exploring a potential merger that would create a combined entity with considerably enhanced market presence.
GlobalFoundries, ranked as the fifth largest wafer foundry globally, is reportedly pursuing a merger with United Microelectronics Corporation (UMC).
If finalized, the merger would establish the new entity as the world's second largest foundry, elevating its status significantly by combining UMC's 4.7% market share with GlobalFoundries' 4.6% share—a total exceeding 9%. The parties are aiming to boost production capabilities across Asia, the United States, and Europe, with a particular focus on securing a steady supply of mature process chips amid heightened geopolitical tensions and ongoing US-China conflicts.
Media reports and comments from government officials have recently noted discussions between GlobalFoundries and UMC.
Despite UMC's official denial of any ongoing merger process, the potential collaboration follows a similar attempt nearly two years ago that ultimately did not materialize. Were the two companies to merge, the new entity would challenge competitors such as Samsung and SMIC, although it would remain considerably behind industry leader Taiwan Semiconductor Manufacturing Company (TSMC).
Market reactions have conveyed mixed signals in response to the merger rumor.
UMC experienced volatility in its stock performance, with shares on the Taiwan Stock Exchange falling sharply after the initial report emerged, while its American Depositary Receipts increased, reaching their highest levels since October 2024. This divergence in market behavior reflects varying interpretations of the merger’s potential impact and highlights uncertainties surrounding UMC’s leadership in the proposed deal.
Analysts from the Taiwan Institute of Economic Research suggest that the merger could prompt a strategic shift toward more value-added foundry services or niche markets centered on mature process technologies.
They note that ongoing discussions contribute to debates about market dynamics, pricing competition in the mature process sector, and evolving ownership models that may influence US interests in both advanced and mature semiconductor processes.
References for this Development
聯電急拉貓膩在這！日媒爆料將與「全球第五大晶圓廠」格芯合併 聯電ADR應聲噴漲9%
Yahoo News Taiwan | Local Language | News
日媒傳與格芯合併？ 聯電強調「目前沒有任何合併案進行」
United Daily News | Local Language | News
傳與格羅方德合併 聯電回應了
UMC responded to rumors of merger with GlobalFoundries
ETtoday | Local Language | News
聯電傳與美廠格芯合併？ 專家分析可能原因有這些
United Daily News | Local Language | News
聯電、格芯若聯姻了？ 專家分析對台灣半導體的影響
United Daily News | Local Language | News
聯電格芯要聯姻了？聯電否認股價仍漲、聯家軍喜洋洋
United Daily News | Local Language | News
傳與格羅方德合併成「全球第2大」晶圓代工廠 聯電回應：現無合併案進行
UP Media | Local Language | News
傳聯電、格羅方德將合併成美企 力保美成熟製程產能
UMC and GlobalFoundries to merge into a US company to protect US mature process capacity
Liberty Times Net | Local Language | News
台灣半導體業又有大事？格羅方德傳與聯電考慮合併，ADR股價一度飆漲20%
The Storm Media | Local Language | News
日媒爆格羅方德洽談合併可能性 聯電回應了
Japanese media reported that GlobalFoundries was negotiating a possible merger, and UMC responded
The Storm Media | Local Language | News
聯電與格羅方德爆合併 湧6萬張大量一度漲逾7％
ETtoday | Local Language | News
外媒曝聯電與格羅方德洽談合併 聯電ADR飆漲
Foreign media reported that UMC and GlobalFoundries were negotiating a merger; UMC ADR soared
Liberty Times Net | Local Language | News
晶圓二哥跟隨台積電赴美？傳聯電與格羅方德談合併 阮慕驊看1條件：未來由它主導
The Storm Media | Local Language | News
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China's Rapid Advancements in AI and Strategic Talent Investments
China's initiatives in technology and innovation are driving rapid growth and strategic investments in the artificial intelligence sector.
China's artificial intelligence (AI) sector is growing rapidly as companies increase efforts to attract new college graduates to meet an expanding demand for professionals.
At recent job fairs, employers offered appealing packages, such as complimentary housing and annual salaries ranging from 400,000 to 700,000 yuan (approximately 55,000 to 96,000 US dollars), for positions like algorithm engineers. Recruitment data for Q1 2025 reveal that job openings in AI outnumber qualified candidates by a ratio of 3:1, while job postings for roles such as AI trainers surged by 112 percent post-New Year, indicating a highly competitive environment.
Educational institutions are significantly expanding their infrastructure to address the growing need for AI expertise.
More than 500 universities have introduced AI programs since the discipline was formally established in 2019, anticipating a future requirement of around 4 million AI professionals by 2030. This expansion aligns with broader governmental initiatives to create employment opportunities in emerging sectors such as AI and robotics, particularly as an estimated 12.22 million college graduates are projected to enter the workforce by 2025.
Chinese technology firms are actively investing in enhancing their AI capabilities by recruiting specialized talent and developing innovative products.
Major companies, including BYD, Pony.ai, and Unitree Robotics, have offered positions with salaries up to 70,000 yuan per month. At the same time, the Chinese AI startup Zhipu AI launched the free AI agent AutoGLM Rumination, designed for tasks such as web searches, travel planning, and research report generation. This product leverages proprietary models like GLM-Z1-AiR and GLM-4-AiR-0414 and competes in a market increasingly focused on optimizing cost efficiency and performance against competitors like DeepSeek and Manus.
Policy initiatives and speeches by top government leaders emphasize the strategic importance of AI and broader technological innovation.
Leaders have stressed the need for self-reliance in core technologies, the integration of scientific innovation with industrial development, and the enhancement of the national talent pool. These directives have coincided with substantial corporate investments in AI-related research and development, as demonstrated by Huawei’s allocation of 20.8 percent of its annual revenue toward R&D and its significant progress in developing AI-driven platforms and ecosystems.
References for this Development
Economic Watch: China's rapid AI growth sparks hiring boom as demand outpaces supply
Xinhua | English | News
China's tech giant Huawei reports rise in sales revenue in 2024
Xinhua | English | News
Huawei 2024 revenue surges to near-record high as China smartphone comeback takes hold
CNBC | English | News
习近平：朝着建成科技强国的宏伟目标奋勇前进
Xinhua | Local Language | News
《求是》杂志发表习近平总书记重要文章《朝着建成科技强国的宏伟目标奋勇前进》
Xinhua | Local Language | News
Xiong'an New Area: sci-tech innovation, industrial development promote each other
State Council - E | English | Government
《求是》杂志发表习近平总书记重要文章 朝着建成科技强国的宏伟目标奋勇前进
Guangming Daily | Local Language | News
朝着建成科技强国的宏伟目标奋勇前进
Strive towards the grand goal of building a strong country in science and technology
China Daily | Local Language | News
China: Zhipu AI launches free AI agent, intensifying domestic tech race
Deal Street Asia | English | News
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