TSMC, Globalfoundries gained as foundry market cooled

TSMC, Globalfoundries gained as foundry market cooled

Market news |
By Peter Clarke

The foundry market dipped sequentially in the 4Q22 but Globalfoundries was able to grow sales, according to TrendForce. This was the first dip after 13 quarters of consecutive growth the analyst said.

The market analyst reckons the foundry market was worth US$34.57 billion in 4Q22, down 4.7 percent from US$36.26 billion in the preceding quarter. The top ten foundries was responsible for 97 percent of those sales. Within that ranking TrendForce reckons the sequential decline was minor at Samsung and TSMC allowing these three companies to gain market share.

As a result, TSMC was responsible for 58.5 percent of the foundry market, up from 56.1 percent in 3Q22. On declining sales Samsung crept forward to 15.8 percent market share and Globalfoundries jumped to 6.2 percent, up from 5.8 percent.

Top ten foundries ranked by revenue 4Q22. Source: TrendForce.

The reason for the dip was electronics brands adjusting inventories which many tier-2 and tier-3 foundries were unable to accommodate.

The big losers were the Chinese foundries SMIC and HuaHong and Taiwan’s Vanguard and PSMC.

Samsung saw orders curtailed by Qualcomm and Nvidia and does not have the prospect of replacement customers to make up the shortfall. TrendForce predicts its manufacturing utilization rates within fabs will remain at the low level of 60 percent throughout 2023.

Related links and articles:

News articles:

Samsung Foundry, Anaflash partner on embedded flash memory

Foundry market set to fall 4 percent in 2023

Taiwan foundry in talks over Indian wafer fab

Tower foundry’s growth tapers down in 3Q22

If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :    eeNews on Google News


Linked Articles