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Analog Devices Strengthens Capacity And Resiliency Through Expanded Partnership With TSMC

The joint efforts reinforce ADI’s resilient hybrid manufacturing network, which helps to insulate external factors while supporting the means to increase output and scale rapidly to meet customer needs

Analog Devices Strengthens Capacity And Resiliency Through Expanded Partnership With TSMC

Outlook Start-Up Desk

POSTED ON February 23, 2024 5:45 PM

Analog Devices, Inc. has made a special arrangement with TSMC, a global semiconductor foundry, to supply long-term wafer capacity through Japan Advanced Semiconductor Manufacturing, Inc. (JASM), TSMC’s majority-owned manufacturing subsidiary in Kumamoto Prefecture, Japan. 

Building on ADI’s more than 30-year partnership with TSMC, this adds another option for ADI to secure additional capacity of fine-pitch technology nodes to serve critical platforms across its business, including wireless BMS (wBMS) and Gigabit Multimedia Serial Link (GMSL) applications. The joint efforts reinforce ADI’s resilient hybrid manufacturing network, which helps to insulate external factors while supporting the means to increase output and scale rapidly to meet customer needs.

“Our hybrid manufacturing network helps deliver a competitive edge to our customers. Together with TSMC, we can serve our customers with more resilient supplies, respond even more rapidly to customer needs and changing market conditions, and focus our investments on innovative manufacturing solutions that benefit society and the planet,” said Vivek Jain, executive vice president of global operations and technology at ADI. 

“Today’s announcement demonstrates TSMC’s commitment to helping our customers meet their long-term capacity needs,” said Sajiv Dalal, executive vice president of business development at TSMC North America. “We’re delighted to expand our ongoing collaboration with ADI that will help to ensure a steadfast and dynamic journey of semiconductor innovation with robust manufacturing capabilities.”

ADI has revenue of more than $12 billion in FY23 and approximately 26,000 people working globally alongside 125,000 global customers. The company’s Q1 2024 revenues stood at $2.51 billion, down 23% from 1Q 2023, while its net net income for the same period was $462.7million, down 52% from 1Q 2023.

ADI’s profit margin in Q1FY24 also stood at 18%, which is down from 30% in 1Q 2023; this decrease in margin was driven by lower revenue.

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