Mixed fortunes for top ten foundries

Author: EIS Release Date: Sep 13, 2023

In Q2 the collective revenues of the top ten ten foundries declined 1.1% y-o-y representing $26.2 billion, says TrendForce, with whatever urgency there was in the supply chain fuelled by demand for LDDI and TDDI components

 

 

 

TSMC’s  Q2 revenue fell 6.4% q-0-q to $15.66 billion. While  7/6 nm revenues flowed freely, the 5/4nm sectors witnessed a contraction. 3nm should start to contribute revenue in Q3

 

Samsung’s Q2 foundry business grew 17.3% to $3.23 billion but Q3’s growth may be limited.

 

 

GlobalFoundries grew 0.2% in Q2  to around $1.85 billion. Long-term contracts in specialised niches—from US aerospace and defense to healthcare—as well as long-term agreements (LTAs) for automotive-related orders should keep Q3 stable.

 

 

UMC had a Q2 windfall  from emergency orders for TV and Wi-Fi SoCs pushing revenues up 2.8% q-o-q to $1.83 billion. This may not continue into Q3.

 

SMIC had a 6.7% QoQ  surge to $1.56 billion. While its 8-inch wafer revenue took a downturn, 12-inch wafer revenues rose  9% QoQ.

 

Nexchip returned to the number ten spot, , with Q2 revenues remaining  static or  a slightly down at HuaHong, Tower and PSMC.  Q3 is expected to folliw suit.

 

Fuelled by last-minute LDDI orders, VIS had a Q2 revenue rise of 19.1% QoQ to $321 million.

 

Nexchip’s Q2 revenues rose  65.4% QoQ, reaching $268 million fuelled by a surge in last-minute restocking orders for LDDI and TDDI components and the  roll-out of high-margin products using the higher-priced 55 nm process.