00:00There's a lot of optimism on the artificial intelligence sector and we just heard from NVIDIA's Transcend Hwang that he also does not see about bubble.
00:08What's your outlook on demand?
00:10Well, we see, you know, the big demand in the AI, of course.
00:15But also we start to see the recovery of a lot of other businesses, including mobile and automotive.
00:24So, you know, we gradually see, if you look at the big picture of the thing in the semiconductor, we are about witnessing the revolutionary change is a chiplet movement.
00:38Actually, the AI is only a small part of the chiplet, which has the highest demand today.
00:43But it's the one that garners the most attention.
00:45Exactly, highest demand.
00:47So it is a peak.
00:48So whether it's too high demand or too small demand, which, you know, it's a, you know, jury's out there.
00:55So when you look at your business and you look at chiplets and, of course, the advanced packaging at panel scale, and those are the two innovations that you're pushing forward.
01:03And then you look at the artificial intelligence demand.
01:05What is sort of the ratio that you're seeing for your performance?
01:09Today, the demand of the artificial intelligence is a lot.
01:13But actually, market size of other devices is also coming in very strong.
01:20So if you say demand, probably, I would say about 40, 60.
01:27So who are some of the partners that you're working with?
01:29And what are they looking for in this market?
01:32We have many, many partners, including the artificial intelligence.
01:38But also, we have, you know, space program customers.
01:43We also have automotive customers.
01:46And a lot of this power supply, which is a lot of demand when you talk about this, you know, how much of energy has to be spent.
01:55So those are customers, a big demand.
01:57You're also partnering with governments.
01:59Like in Italy, you're expanding your plant.
02:01What about places like South Korea?
02:03Because during APEC, for example, we saw this incredible focus on wanting to build out the AI infrastructure.
02:09I think the South Korea and Taiwan are certainly, you know, two countries having a lot of, say, infrastructure and good potential.
02:20But, you know, there are big companies already working on it.
02:25And we try to be more in the neutral position in terms of geometry and the business outlook.
02:34So Singapore is a starting point.
02:37But, yes, we are eyeing on South Korea also.
02:41How do you be neutral, though?
02:42How does that even work?
02:44Because we know you have a factory in Italy, right?
02:47At this stage when the U.S. and China are going toe-to-toe, does that involve going the rest of Asia to Europe?
02:54Is that where the investments in terms of manufacturing are?
02:57Yeah, actually, one thing we have to focus on is that we are, you know, worrying about a lot of this disruption of the supply chain because of geopolitics.
03:08But actually, one thing important for us is we are really the important part of the supply chain.
03:15So supply chain trying to be sitting in more neutral position is also important because we are sort of uniquely positioned to supply the, you know, technology to many customers.
03:32And then, you know, if we are sitting in one side and then our important mission is disruptive.
03:39Does it also make it trickier in order to get fundraising, in order to get those investments, depending on how you're aligned?
03:47Yes, it is very sensitive and it is all related in a sense.
03:53So it's not really, you know, good, fortunate situation in terms of pure business side because we would like to have more freedom in the businesses.
04:04But we also take it as an opportunity because we are the new company trying to, say, design our own supply chain rather than existing companies try to realign themselves into the different supply chain.
04:18When you look at the business outlook, though, is this a new normal that you expect for the years to come or is it just a temporary phenomenon because we have a certain type of administration in the United States?
04:29I think it is more or less new normal if you look at the reasonable time span, like a decade.
04:35I don't think it will be changing significantly.
04:39So we have to live with it.
04:40If you look at, you know, longer than a decade, it can be, you know, you can see that as a temporary.
04:46It is also affecting supply chains in the form of raw materials or costs.
04:52How is that affecting your business?
04:54Well, it's not an easy job.
04:56But I would say, again, I think it is an opportunity for us because I have luxury to design new supply chain rather than, you know, many big companies having their supply chain.
05:09We disrupt it.
05:10They have to change it, which is, you know, not an easy job.
05:14And the technology that you provide is also perhaps a way in which supply chains can be better bolstered because you can do this cheaper, faster with chiplets, right?
05:26Right, right, right.
05:27That's also very important.
05:29You know, everything was like an SOC, like an integration in the ICs before.
05:35We tried to disrupt into more chiplet kind of concept that we have the more equal share of loading in terms of supply chain.
Be the first to comment