The semiconductor foundry market has shown temporary earnings stability, but the future is becoming increasingly uncertain.
🟦 Semiconductor foundry market @2023Q2
According to TrendForce, the market for semiconductor foundries declined 1.1% to $262.2 billion in 2023Q 3. Demand for consumer products remained low, resulting in negative growth. Short-term emergency orders are supporting some companies’ earnings, but market conditions beyond are uncertain.
🟦Demand for TDDI surged
While demand for cutting-edge chips has not recovered, urgent orders for touch and display drivers (TDDI) for mobile repairs have surged. The surge in revenue from urgent orders has particularly benefited niches such as VIS and Nexchip. Each company responds to market fluctuations in its own way.
- TSMC contained the decline
- Samsung growth 17.3%
- GlobalFoundries up 0.2%
- UMC, SMIC constant growth
The semiconductor foundry market has shown temporary earnings stabilization due to a surge in urgent orders for TDDI, but there is growing uncertainty about what lies ahead.
The second quarter was almost flat. According to Trendforce, the second quarter is expected to be the bottom.