TrendForce: TSMC's foundry market share will reach 64.9% in Q3 2024, Samsung's share falls below 10% for the first time

The latest data from market research firm TrendForce shows that in the third quarter of 2024, TSMC continued to lead the global foundry market with a market share of 64.9%, and continued to widen the gap of 9.3% with the second place Samsung. This is the first time that Samsung has fallen below 10% since TrendForce began researching market data. The third place SMIC increased by 0.3% quarter-on-quarter in the third quarter, reaching a market share of 6%, gradually approaching Samsung.

Chinese foundry companies are catching up rapidly in the mature process market, especially as demand from traditional Chinese semiconductor manufacturers has increased significantly. Chinese foundry companies, led by SMIC and Hua Hong Semiconductor, are competing with low prices, posing a threat to Samsung's foundry business in China.

It is understood that in order to maintain its market share, Samsung has begun to emphasize the importance of mature processes and will no longer compete with TSMC for advanced processes.

In addition, UMC ranked fourth with a share of 5.2%; GlobalFoundries ranked fifth with a share of 4.8%.

Hua Hong Group, Tower Semiconductor, World Advanced, Powerchip, and Hefei Jinghe are among the top ten on the list.

The following is the specific ranking:

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