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Samsung's foundry biz market share to increase in Q1 2021

www.siasat.com, Feb. 25, 2021 – 

Seoul, Feb 25 : Samsung Electronics’s market share in the global foundry industry is expected to increase in the first quarter of the year from the previous three months, though its growth was projected to be lower than the industry average amid high demand for chips.

Samsung’s foundry business was estimated to log a market share of 18 per cent with revenue of $4.05 billion in the January-March period, up 11 per cent from a year earlier, according to a report from industry tracker TrendForce.

Samsung, also the world’s largest memory chip producer, was estimated to have taken a market share of 16.4 per cent in the fourth quarter of 2020, reports Yonhap news agency.

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