Counterpoint: Global foundry output value in Q4 2023 increased by about 10% compared with the previous quarter

According to the latest report from Counterpoint Research, the global foundry output value in the fourth quarter of 2023 increased by about 10% compared with the previous quarter. This was mainly driven by the increased demand for inventory replenishment in the supply chain of the smartphone and personal computer industries. Although global macroeconomic uncertainties remain, the industry is beginning to show signs of bottoming out.

As for TSMC, they still maintain their leading position in the chip foundry industry with a 61% market share. TSMC's revenue was better than expected, partly due to increased demand for Nvidia's AI GPUs and Apple's iPhone15 driving the growth of the 3nm node.

Samsung's market share was 14% in the fourth quarter, mainly due to increased demand for smartphone restocking. Their S24 series pre-order surge indicates that their revenue at the 5/4nm node will increase significantly.

In terms of mature process nodes, GlobalFoundries and UMC also performed better than expected, each occupying 6% of the market share.

However, both companies forecast a possible weak performance in the first quarter of 2024, driven by factors such as weakening demand in automotive and industrial applications and inventory adjustments by customers.

Although additional orders for smartphone-related components have been received in the short term, there is uncertainty about long-term market demand, so we are cautious about the outlook for the full year 2024.

From PConline