A latest research report by Taiwanese market research institute TrendForce (via The Business Post), reveals some disappointing news for Samsung’s foundry business. Notably, the report predicts that its market share will drop slightly in 2022.
It will likely due to more competition from Taiwanese foundries which are among the best in the business. There are multiple foundry companies in Taiwan, such as TSMC, UMC, PSMC, and VIS.
Samsung’s foundry market share is expected to dip to 16%
Last year, TSMC’s remained in the lead with 53% of the market share. This was followed by UMC with 7%, PSMC with 2%, and VIS with 1%. Samsung Electronics, retained its position as the world’s second-largest foundry with 18% of the pie. But this year, the speculation is that the market share gap between Samsung Electronics and TSMC will widen even further.
As per the report, TSMC’s market share in 2022 will grow to 56%, which will be up by 3 percentage points from 2021, whereas Samsung Electronics’ foundry market share will decline by 2 percentage points to 16%. The research firm concludes these numbers are based on the fact that TSMC has recently secured multiple customers such as NVIDIA and Qualcomm. Samsung is finding it difficult to get new customers on board.