Semiconductor Foundry Market - Growth, Trends, Covid-19 Impact, And Forecasts (2023 - 2028)
The Semiconductor Foundry Market is expected to register a CAGR of 7.54% over the forecast period. Favorable government initiatives and the increasing demand for semiconductor chips are among the key factors driving the growth of the market. With the growing revenues of fabless businesses and the proliferation of 5G and IoT in the industry, the global demand for foundries is expected to accelerate over the forecast period.
Key HighlightsThe Semiconductor Foundry Market is very competitive. The market is highly concentrated due to the presence of various small and large players. All the major players account for a large market share and are focusing on expanding their consumer base worldwide. Some of the significant players in the market are Taiwan Semiconductor Manufacturing Company (TSMC) Limited, Globalfoundries Inc., United Microelectronics Corporation (UMC), Semiconductor Manufacturing International Corporation, Samsung Electronics Co. Ltd (Samsung Foundry), Dongbu Hitek Co. Ltd Overview, and many more.
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