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Foundry Revenue Jumps 12% QoQ in 3Q2021
The quarterly total foundry revenue rose by 11.8% quarter-on-quarter to reach a new record high of $27.28 billion for 3Q21, according to TrendForce.
www.eetasia.com, Dec. 03, 2021 –
Although the demand for end products related to the stay-at-home economy slowed down as many countries saw rising vaccination rates and were partially lifting social distancing restrictions, the decline in foundry orders from this source was more than offset by the traditional peak season for smartphones, according to TrendForce.
At the same time, OEMs for notebook/laptop computers, networking devices, automotive electronics, and IoT devices kept vigorously building up their inventories because the earlier capacity crunch in the foundry market was constraining them from reaching their shipment targets. Because of these developments, demand continued to outstrip supply in the foundry market during the third quarter of 2021. As for foundries, they have been gradually taking on new production capacity in the recent period and gaining from the ongoing rise in the ASP. Thanks to robust demand, new production capacity, and rising wafer prices, the quarterly total foundry revenue rose by 11.8% quarter-on-quarter (QoQ) to reach a new record high of $27.28 billion for 3Q21. This result indicated nine consecutive quarters of revenue growth.
Taiwan Semiconductor Manufacturing Co. Ltd (TSMC) raised its quarterly revenue by 11.9% QoQ to $14.88 billion as it benefited from the release of new iPhone models. The foundry remained firmly at the top of the ranking in 3Q21. Regarding TSMC's revenue generation by node, the combined revenue share of the 7nm and 5nm nodes has already surpassed 50% and is still expanding thanks to continued demand for smartphone chips and HPC chips.
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