Samsung Foundry Market Share to Increase Further This Year

Source: TrendForce

[Asia Economy Reporter Changhwan Lee] The global semiconductor foundry market is expected to grow again this year compared to last year. Samsung Electronics' foundry market share is also projected to increase.

According to market research firm TrendForce on the 1st, last year's global foundry companies' revenue was estimated at $84.6 billion (approximately 92 trillion KRW), a 23.7% increase from the previous year. This represents the highest growth rate in the past 10 years.

TrendForce forecasted that the global foundry market will grow by 6% this year to reach $89.7 billion (approximately 97 trillion KRW). This growth is attributed to the activation of untact services due to the COVID-19 pandemic, such as remote work and online classes, as well as the spread of 5G smartphones.

Last year, Taiwan's TSMC held the top position with a market share of 54%, accounting for more than half of the market, while Samsung ranked second with 17%. The US-based GlobalFoundries (GF) and Taiwan's UMC each held 7%, ranking third and fourth respectively, followed by China's SMIC with 5%.

Next year, Samsung is expected to increase its market share by 1 percentage point to 18%, while China's SMIC, which is subject to US sanctions, is expected to decrease by 1 percentage point to 4%. TSMC, GlobalFoundries, and UMC are projected to maintain their current levels.