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Samsung fails to narrow gap with TSMC in foundry market

Samsung Electronics failed to narrow its gap with Taiwan's TSMC, a leader in the global foundry business, in the third quarter, according to an industry data tracker on Monday.

koreatime.co, Dec. 12, 2022 – 

The Korean chip giants relentless pursuit of TSMC is expected to continue next year as the foundry industry, which manufactures chips for semiconductor design firms, is forecast to be impacted by a drop in demand for system chips and the global economic downturn.

According to semiconductor industry tracker TrendForce, Samsungs sales in the foundry business in the third quarter of this year stood at $5.584 billion to account for 15.5 percent of the global market for such products. The companys market share had risen to 16.4 percent in the second quarter from 16.3 percent in the first quarter.

This is the first time in two and a half years that Samsungs share of the market stood at around 15 percent since it logged 15.9 percent in the first quarter of 2020.

TSMC, on the other hand, showed its overwhelming dominance again, generating sales of $20.16 billion to take a 56.1 percent share of the foundry market in the third quarter. The figure marked an improvement from the second quarter when the Taiwanese company had a 53.4 percent share. The company controlled a 53.6 percent share of the market in the first quarter of this year.

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