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SMIC 1Q Foundry Mkt Shr Expands to 6%, Nearing Samsung Electronics' 7.7%
Recommend 13 Positive 23 Negative 13 |
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Among the world's top 10 foundries for the first time this year, TSMC (TSM.US), with its absolute advantages in advanced process import speed and yield control, stayed at the top spot with 67.6% market share, according to the report made by market research firm TrendForce. However, SMIC (00981.HK)'s market share has climbed to 6% and continued to grow, rapidly catching up with South Korea's Samsung Electronics (005930.KS), whose market share fell to 7.7%. SMIC's growth was due to its response to the US tariffs and its strategy of utilizing domestic policies to build up inventory in advance, which enabled the company to achieve growth against the backdrop of the overall market slowdown, according to industry insiders interviewed by Chinese media. In contrast, Samsung's foundry market share declined instead of increasing, possibly due to loss of customers and orders as a result of delivery problems. AAStocks Financial News Website: www.aastocks.com |
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