Trending

Stories

Samsung Electronics Sales Drop in Q1 Foundry Market on US Plant Suspension

Tidio Live Chat Software - Add Tidio live chat software to your website in minutes. Contact visitors and turn them into happy customers. Enhance their experience and boost your sales. Get it for Free

WP Rocket - WordPress Caching Plugin

Must Read

Samsung Electronics maintained the second spot in the foundry market in the first quarter of the year, but its share fell slightly due to the temporary shutdown of its chip plant in the US, a report showed on Monday.

Samsung’s foundry business logged a market share of 17 percent in the January-March period, down from 18 percent a quarter earlier, after its revenue dropped 2 percent to $4.108 billion, according to the latest report from industry tracker TrendForce.

Also Read

“This February, a freak winter storm in Texas caused power outages in Austin and forced Samsung to temporarily shut down its fab Line S2 that was located in the vicinity,” TrendForce said.

“The suspension of wafer input at the fab for almost a whole month caused Samsung to become one of the very few foundries that posted a revenue drop for 1Q21.”

Elegant Themes - The most popular WordPress theme in the world and the ultimate WordPress Page Builder. Get a 30-day money-back guarantee. Get it for Free

Samsung, also the world’s largest memory chip producer, earlier said it suffered more than 300 billion won ($270 million) in damage due to a wafer production disruption at its Texas plant, reports Yonhap news agency.

Taiwan Semiconductor Manufacturing Co. (TSMC) raised its dominant market share by 1 percentage point to 55 percent in the first quarter with revenue of $12.9 billion, up 2 percent from the last three months of 2020.

“TSMC’s main revenue drivers have been its 7nm and 16/12nm nodes,” it said. “The revenue from the 7nm foundry service has kept climbing at a stable pace thanks to orders from AMD, MediaTek, and Qualcomm, registering a QoQ increase of 23 percent for 1Q21.”

Another Taiwanese chipmaker, United Microelectronics Corp. (UMC), took the No. 3 spot in the foundry market with a 7 percent share, with its revenue increasing 5 percent quarter-on-quarter to $1.67 billion.

The total quarterly revenue of the top 10 foundries rose by 1 percent quarter-on-quarter to a record high of $22.75 billion in the first quarter, according to TrendForce.

“Owing to soaring demands for various end devices, manufacturers have been ramping up their component procurement activities, and foundry capacities, as a result, have been in shortage since 2020, with various foundries raising their wafer prices and adjusting their product mixes to ensure profitability,” it said.

The market researcher predicted that the total revenue of the top 10 foundries will likely reach a new high with a 1-3 percent increase expected in the year’s second quarter.

iThemes WordPress Hosting

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.

Latest

Stories

- Advertisement -
- Advertisement -

Latest

Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Grow Your Business

Get these business solutions, tools and services to help your business grow.
Elementor

Elementor -Join 5,000,000+ Professionals Who Build Better Sites With Elementor. Build your website with 100% visual design that loads faster and speeds up the process of building them.

WP Rocket

WP Rocket - Speed up your website with the most powerful caching plugin in the world. The website speed increase means better SEO ranking, user experience, and conversation. It’s a fact that Google loves a fast site.

Kinsta

Kinsta - If you are looking for WordPress managed hosting, Kinsta is in the leading front. Kinsta provides WordPress hosting for a small or large business that helps take care of all your needs regarding your website with cutting-edge technology.

OptinMonster

OptinMonster - Instantly boost leads and grow revenue with the #1 most powerful conversion optimization toolkit in the world. 700,000+ websites are using OptinMonster to turn their traffic into leads, subscribers, and sales.

Related

- Advertisement -
- Advertisement -
ChatGPT Reaches 100 Million Users in Two Months Microsoft’s Teams Get OpenAI-Based Features WhatsApp New Feature that Allows Users to Create Calling Shortcuts Instagram Working On Twitter-like Paid Verification Feature OnePlus Ace 2 Specs Exposed Online Realme GT Neo 5 Full Specs Revealed  Samsung Galaxy S23 Ultra: The New Android King Twitter To End Free API February 9 MLS Season Pass Now Available On Apple TV App Tesla To Increase Giga Shanghai EV Production to 20,000 Weekly 
OpenAI Releases Tool To Detect AI-generated Text Tesla Records Double Net Profit in 2022 India to Produce Upcoming iPhones: Trade Minister Japanese Professor Developed A Power Semiconductor made of Diamond Google Releases New Product for India’s Merchants Indian EV Startup Unveil Two AutoBalancing Electric Scooters OPPO Find X6 Pro Images Render via Weibo Sony Develops New Tech to Reduce Noise of Image Sensors