Samsung
Samsung secures 11.3% share in Q4 2023 semiconductor foundry market: Report
Samsung has been battling with TSMC for a long time to spot the first position in the chip market, and in Q4 2023, the tech maker continued to gain second place with an 11.3% share in the semiconductor foundry. While, TSMC has surpassed 60% market share, widening its gap between Samsung Electronics.
According to the report, the Q4 2024 semiconductor foundry market grew about 8% from the previous quarter in which TSMC’s sales increased while Samsung’s sales decreased. It’s worth mentioning that, TSMC has been in a commanding position for years in the chip market and it keeps growing its shares.
If we move toward the data, Taiwan held a 61.2% market share in Q4 of 2023, which is up 3.3% points from the previous quarter. The firm posted $19.66 billion in sales, which is up 14.0%. Whereas, the Korean tech giant’s market share stood at 11.3%, down 1.1% from the previous quarter. Its sales hit $3.619 billion, down 1.9% from the previous quarter.
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Furthermore, the United States GlobalFoundries with 5.8% was the third, Taiwan’s UMC with 5.4% share slotted fourth, while China’s SMIC with 5.2% market share continued to retain the fifth position. Notably, all three players saw slight declines in their market shares compared to Q3 2023. Below you can check semiconductor foundry market share rankings of 2023.
- TSMC – 62%
- Samsung – 10%
- GlobalFoundries – 6%
- UMC – 6%)
- SMIC – 5%
