IDC:Global semiconductor foundry market to down by 6.5% in 2023, and grew 27.9% in 2022

Market researcher IDC estimates the global foundry market grew by 27.9% in 2022, a record high growth due to fabless chipdesign houses long-term agreements (LTAs), higher foundry prices, process shrinkage, and plant expansion. "The foundry industry plays a key role in the semiconductor supply chain. The top 10 vendors all reported double-digit revenue growth in 2022. However, due to changes in market conditions, order revisions had led to a sharp drop in the capacity utilization of foundries in the last three quarters,” said Galen Zeng, Senior Research Manager, Semiconductor Research, IDC Asia/Pacific. ”There is still rigid demand for semiconductors in the market and it is expected that after the supply chain has experienced more than one year of de-inventory, subsequent order planning will turn from being negative to steady and conservative. Coupled with the AI boom, this will slowly drive a recovery in capacity utilization of 5%–10%," Zeng adds. Other findings by IDC: Looking back at 2022, the foundry industry performed well. Among the top 10 semiconductor foundry vendors are TSMC, Samsung Foundry, UMC, GlobalFoundries, SMIC, HHGrace, PSMC, VIS, Tower, Nexchi. The leading vendor, TSMC, has its advanced processes continued to evolve, with its market share increasing from 53.1% in 2021 to 55.5% in 2022. Driven by the recent gradual increase in orders for 3/4/5nm wafers, ...