On March 13, TrendForce Consulting released its latest report, revealing that in Q4 2023, the combined revenue of the world's top ten wafer foundries reached $30.49 billion. SMIC (Semiconductor Manufacturing International Corporation) secured the fifth position, while Hefei Crystal Integration made a comeback at the ninth spot.
TSMC (Taiwan Semiconductor Manufacturing Company) claimed the top spot with a 61.2% market share, achieving a quarterly revenue of $19.66 billion (approximately ¥140 billion RMB). Notably, 67% of this revenue was attributed to processes of 7nm and below.
With increasing demand from Apple, TSMC's 3nm production capacity is gradually coming online, and revenue from advanced processes is expected to surpass the 70% mark.
Samsung secured the second position with a revenue decrease of 1.9% to $3.62 billion QoQ. Despite receiving orders for some new smartphone components, the majority were related to mature processes of 28nm and above.
GlobalFoundries (GF) took the third spot, with a slight revenue increase of 0.1% to $1.85 billion, benefiting from an average selling price uplift.
UMC (United Microelectronics Corporation) ranked fourth, facing a 4.1% QoQ decline in wafer shipments due to global economic weakness, conservative customer attitudes, and inventory adjustments in automotive and industrial control sectors.
SMIC secured the fifth position, experiencing a 3.6% QoQ revenue growth to $1.68 billion in Q4 2023. This growth was primarily driven by urgent orders related to smartphones and PCs, but offset by declines in network communication, general consumer electronics, and automotive/industrial control businesses.
The report highlighted three significant changes in the rankings from sixth to tenth place:
PSMC (Powerchip Semiconductor Manufacturing Corporation) rose to the eighth position, benefiting from the recovery in dedicated DRAM production and urgent orders for smartphone components.
Hefei Crystal Integration (Nexchip) returned to the top ten, securing the ninth spot by fulfilling urgent orders for TDDI (Touch and Display Driver Integration) and ramping up production for CIS (Complementary Metal-Oxide-Semiconductor) image sensors.
VIS (Vanguard International Semiconductor Corporation) dropped to the tenth position due to a slowdown in TV-related stockpiling and inventory adjustments initiated by automotive/industrial control customers.
