Top 10 foundries face tariffs and subsidies, 1Q revenue declines
June 11, 2025
The global foundry industry recorded USD 36.4 billion in revenue for Q1 2025, representing a 5.4% quarter-on-quarter decline, according to TrendForce. The revenue drop was softened by last-minute rush orders ahead of the US reciprocal tariff exemption deadline and continued demand driven by China’s 2024 consumer subsidy program.
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Intel appoints former board member Lip-Bu Tan as CEO
March 13, 2025
Tan, a chip industry veteran, replaces interim co-CEOs David Zinsner and MJ Holthaus, who took temporary charge in December when Patrick Gelsinger was ousted as Intel CEO.
Foundry market hits $38.5B as top 10 dominate with 96% share
March 11, 2025
The global foundry industry reached a new revenue record of USD 38.48 billion in Q4 2024, driven by strong demand for advanced process nodes in AI servers, flagship smartphone application processors, and new PC platforms, reports TrendForce. The top 10 foundries achieved nearly 10% QoQ revenue growth, despite weakening demand for mature process technologies.
"China for China" gains momentum among European tech companies
January 09, 2025
Geopolitical dynamics are accelerating the formation of the “China for China” supply chain, driven by China’s vast domestic market. This trend is particularly evident in the automotive sector, says TrendForce pointing to its latest research.
Global semiconductor market to grow by 15% in 2025
December 12, 2024
Market intelligence firm IDC says that AI and High-Performance Computing (HPC) will drive growth in advanced chips, 2nm technology, and packaging, reshaping the semiconductor industry in 2025.
3Q24 global top 10 foundry revenues reach record highs
December 05, 2024
TrendForce reports that despite a weak economy in Q3 2024, new smartphone and PC launches, along with strong demand for AI servers, boosted wafer foundry capacity utilisation compared to Q2.
China warns of ‘necessary actions’ if US adds new chip controls
November 29, 2024
The newly proposed sanctions continue to target Chinese chip fabrication plants while putting greater emphasis on targeting domestic firms supplying manufacturing equipment to chipmakers.
US orders TSMC to halt shipments of advanced AI chips to China
November 11, 2024
The US Department of Commerce sent a letter to TSMC imposing export restrictions on sophisticated chips, of 7 nanometer or more advanced designs, destined for China, sources told Reuters.
SMIC posts record revenue but warns of overcapacity
November 08, 2024
The third quarter revenue of China’s top chip foundry was up 34% from a year earlier to USD 2.17 billion. Net profit for the quarter touched USD 148.8 million, up 58.3% from last year.
US fines GlobalFoundries for shipping chips to blacklisted firm
November 04, 2024
The Commerce Department said contract chipmaker GlobalFoundries sent 74 shipments worth USD 17.1 million to SJ Semiconductor, an affiliate of sanctioned Chinese firm SMIC, without seeking a license.
Mature process capacity to grow 6% in 2025
October 30, 2024
According to TrendForce's investigations, China's domestic IC substitution policies will allow Chinese foundries to account for the majority of the expansion in mature process capacity in 2025. Despite ongoing price pressure, the top 10 mature process foundries globally are expected to have a 6% rise in capacity by 2025.
NexChip and Samsung Foundry lead LCD and OLED driver IC markets
October 23, 2024
NexChip and Samsung Foundry have emerged as major leaders in the display driver IC (DDIC) industry for 3Q24, according to the most recent insights from Omdia's Display Driver IC industry Tracker.
Urgent orders boost wafer foundry utilisation in Q2
September 03, 2024
Customers have started to restock components following the arrival of China's 618 mid-year shopping season and consumer electronics inventory levels approaching healthy levels. This has led to urgent orders for wafer foundries, reports TrendForce.
ASML’s China business faces more curbs from Dutch government
August 30, 2024
The government is likely to restrict the Netherlands-based company’s ability to repair and provide spare parts for its installed advanced semiconductor equipment in China.
China is 5 years behind global chip leaders, says report
August 23, 2024
However, China is catching up with global leaders in the design of logic chips and is only two years behind.
China’s SMIC pledges to steer clear of price war
August 09, 2024
Beating expectations, SMIC forecast a 13% to 15% quarter-on-quarter revenue rise for the current quarter.
Global semiconductor fab capacity to expand 6% in 2024
June 26, 2024
To keep pace with the growth in demand for chips, the global semiconductor manufacturing industry is expected to increase capacity by 6% in 2024 and post a 7% gain in 2025, reaching a record capacity high of 33.7 million wafers per month (wpm: 8-inch equivalent), SEM reports.
Global chip manufacturing to grow by 6% in 2024
June 20, 2024
New research by SEMI predicts that the global semiconductor manufacturing industry will increase capacity by 6% in 2024 – and 7% next year.
SMIC: making 5nm chips without EUV machines?
June 20, 2024
New reports say China’s largest foundry has found a way to manufacture 5nm chips using deep ultraviolet (DUV) lithography machines purchased before the US imposed export restrictions.
Top 10 global foundries see 4.3% QoQ drop in 1Q24
June 12, 2024
The first quarter of 2024 marked the entry of a traditional off-season for the consumer end, according to a survey by TrendForce. Orders were mainly for restocking inventory, and the supply chain was slow overall. Economic risks like inflation and geopolitical conflicts led to revisions in forecasts for automotive and industrial equipment. AI servers played a key role in supporting the supply chain. Despite this, the top 10 global foundries saw a 4.3% revenue drop to USD 29.2 billion.
Record volume of IC wafer capacity coming online in 2025
June 06, 2024
A record volume of IC wafer capacity is set to come online in 2025, according to the latest Global Wafer Capacity 2024 report from Knometa Research. This surge in capacity comes amidst challenging global economic conditions and a recovering semiconductor market, which began showing signs of improvement in late 2023.
China's national chip fund raises $48bn to help local firms
May 28, 2024
Beijing has just confirmed the third instalment of its national semiconductor 'Big Fund', and it's the biggest yet.
ASML: we can disable our machines remotely
May 23, 2024
What happens if China invades Taiwan? ASML and TSMC will shut their factories down – from anywhere in the world.
US tariff barriers boosts Utilisation rates at Taiwanese foundries
May 22, 2024
The White House announced new tariffs on Chinese imports on May 14th, including a 50% tariff on semiconductor products manufactured in China, which will take effect by 2025. Something that has led to an increase in orders for Taiwanese foundries.
US Commerce Department reveals new set of Huawei chip bans
May 10, 2024
The US government has revoked licenses that let companies including Intel and Qualcomm sell their chips to Chinese telco firm Huawei.
The foundry industry is showing signs of stabilisation
May 01, 2024
The foundry industry is showing signs of stabilisation, marked by a 10% QoQ growth, indicative of ongoing inventory normalisation, says Counterpoint Research.
New Huawei phones feature SMIC's newest 7nm chips
April 26, 2024
Huawei’s latest Pura 70 series smartphones comprise an advanced made-in-China processor in defiance of US export curbs.
Huawei to develop lithography tech at new R&D centre
April 12, 2024
Chinese tech giant Huawei is reported to be building a new research unit in Shanghai. It wants to develop chipmaking tools that could eventually rival those of ASML, Canon, and Nikon.
Global top 10 foundries Q4 revenue up 7.9%
March 12, 2024
The latest TrendForce report reveals a notable 7.9% jump in 4Q23 revenue for the world’s top ten semiconductor foundries, reaching USD 30.49 billion.
China will set aside $27bn to counter US sanctions
March 11, 2024
Central and local government agencies in China are pouring money into the so-called Big Fund, which was set up to accelerate the development of chip making tech in the country.
SMIC making progress towards 5nm chip tech
March 04, 2024
China's leading foundry Semiconductor Manufacturing International Corporation is reported to be closing in on 5-nanometer mode manufacturing in spite of US sanctions.
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