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The global semiconductor foundry market will shrink by 6.5% in 2023, and it is expected to return to the right track in 2024
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Author : JIUZHOU
Update time : 2023-06-30 10:23:30
In 2022, thanks to factors such as customer long-term contracts (LTA), foundry price increases, process shrinking, and factory expansion, the global semiconductor foundry market will increase by 27.9%, hitting a record high.
However, a certain study predicts that the global semiconductor foundry market will shrink by 6.5% in 2023 and is expected to return to normal in 2024.
According to a new study "Semiconductor Manufacturing Services: 2022 Global Foundry Market Supplier Ranking and Insights", 2022 will benefit from factors such as customer long-term contracts (LTA), foundry price increases, process scaling, and factory expansion. The global semiconductor foundry market has grown by 27.9%, setting a record high.
A senior research manager of semiconductor research in Asia Pacific said: "The foundry industry plays a key role in the semiconductor supply chain. The top ten suppliers all achieved double-digit revenue growth in 2022. However, due to changes in the market environment.
Order corrections have led to a sharp drop in foundry capacity utilization over the past three quarters. The market still has a rigid demand for semiconductors. It is expected that after more than a year of destocking in the supply chain, the follow-up order planning will turn from negative to stable and conservative. Combined with the AI boom, this will slowly drive capacity utilization back to 5%-10%. "
Looking back to 2022, the foundry industry is doing well. Leading supplier TSMC's advanced process continues to develop, increasing its market share from 53.1% in 2021 to 55.5% in 2022.
In addition, Chinese foundry manufacturers are actively developing mature processes, with a total market share of 8.2% in 2022, compared to 7.4% in 2021, and their respective revenues increased by more than 30%.
In the first half of 2023, the willingness to purchase consumer electronics is still sluggish, and the market demand has not improved significantly. The inventory adjustment of terminal products is expected to continue into the second half of the year.
Considering last year's high baseline, a study predicts that the global semiconductor foundry market will shrink slightly by 6.5% in 2023. Compared with the entire semiconductor supply chain, the foundry sector has experienced a lighter decline, and IDC expects the entire industry to return to normal in 2024.
However, a certain study predicts that the global semiconductor foundry market will shrink by 6.5% in 2023 and is expected to return to normal in 2024.
According to a new study "Semiconductor Manufacturing Services: 2022 Global Foundry Market Supplier Ranking and Insights", 2022 will benefit from factors such as customer long-term contracts (LTA), foundry price increases, process scaling, and factory expansion. The global semiconductor foundry market has grown by 27.9%, setting a record high.
A senior research manager of semiconductor research in Asia Pacific said: "The foundry industry plays a key role in the semiconductor supply chain. The top ten suppliers all achieved double-digit revenue growth in 2022. However, due to changes in the market environment.
Order corrections have led to a sharp drop in foundry capacity utilization over the past three quarters. The market still has a rigid demand for semiconductors. It is expected that after more than a year of destocking in the supply chain, the follow-up order planning will turn from negative to stable and conservative. Combined with the AI boom, this will slowly drive capacity utilization back to 5%-10%. "
Looking back to 2022, the foundry industry is doing well. Leading supplier TSMC's advanced process continues to develop, increasing its market share from 53.1% in 2021 to 55.5% in 2022.
In addition, Chinese foundry manufacturers are actively developing mature processes, with a total market share of 8.2% in 2022, compared to 7.4% in 2021, and their respective revenues increased by more than 30%.
In the first half of 2023, the willingness to purchase consumer electronics is still sluggish, and the market demand has not improved significantly. The inventory adjustment of terminal products is expected to continue into the second half of the year.
Considering last year's high baseline, a study predicts that the global semiconductor foundry market will shrink slightly by 6.5% in 2023. Compared with the entire semiconductor supply chain, the foundry sector has experienced a lighter decline, and IDC expects the entire industry to return to normal in 2024.
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