Q1 foundry revenues are expected to be 2% down q-o-q but 30% up y-o-y, says TrendForce.

TSMC is expected to see  full capacity for its 7nm  and 90% capacity utilization for its 12/16nm nodes.

Samsung is increasing capacity for 5G SoC AP, high resolution CIS, OLED-DDIC, and HPC products, while expanding its EUV applications and promoting its 8nm capacities, in an attempt to raise the share of revenues from advanced process node products in its total foundry revenue.

GloFo has been expanding its 5G, MRAM, and automotive product lineups with 22FDX and 12nm LP+ process nodes. The foundry has agreed to manufacture wafers at the New York fab it transferred to ON Semiconductor until the end of 2022, thus ensuring a steady revenue stream throughout the 2020-2022 period. But the total divestment of its Singapore fab to VIS is expected to have a greater direct impact on its 1Q20 revenue.

Owing to growing orders for its 22/28nm process node products, in addition to the new clients and product mixes from its new Japan-based fab, UMC is expected to see quarterly gains in its capacity utilization rate, in turn registering a minor QoQ increase in 1Q20 revenue.

SMIC’s capacity utilization rate is sitting at near-maximum levels due to increasing demand in the domestic Chinese market for CIS, PMIC, fingerprint sensors, and embedded memory applications, subsequently contributing to the company’s 1Q20 revenue.

PSMC and VIS both profited from the increased demand for CIS and DDIC products and from their clients’ increased stock-up efforts. Also, VIS’ revenues will include those generated from its Singapore-based Fab 3E, originally purchased from GlobalFoundries. PSMC and VIS are expected to post increased YoY revenue in 1Q20.

TowerJazz and Hua Hong’s revenues performances may appear relatively conservative in 1Q20.