Global Wafer Foundry Revenue Decreases by 4.3% in Q1, This Chinese Company Rises to Third Place

Reported 7 months ago

According to the latest survey released by TrendForce, the global top ten wafer foundry revenue decreased by 4.3% to $29.2 billion in the first quarter of this year, with the second quarter expecting only a low single-digit increase. Notably, SMIC benefited from the trend of domestic IC substitution, achieving a 4.3% season-over-season increase in revenue to $1.75 billion, surpassing GlobalFoundries and UMC to clinch the third spot. While TSMC faced challenges due to the slow season for consumer stockpiling, the second quarter outlook appears more positive with potential single-digit growth. Samsung and ASML also encountered revenue decreases in Q1.

Source: YAHOO

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