Skip to content
Technology

Global Foundry Sales Set to Drop in 2023 in Blow to Taiwan, South Korea

  • Drop would be more severe than in 2019, TrendForce says
  • State of global economy will matter for semiconductor outlook
TSMC and Samsung hold the biggest slices of the chip foundry industry.

TSMC and Samsung hold the biggest slices of the chip foundry industry.

Photographer: I-Hwa Cheng/Bloomberg
By

Revenues in global contract chipmaking, or foundries, are projected to fall this year as demand cools rapidly for the advanced chips that have bolstered Asian technology-driven economies Taiwan and South Korea.

As clients cut orders and manufacturing slows, foundry sales are expected to decrease 4% in 2023 from a year earlier, tech research organization TrendForce said Thursday in its latest projection. That would contrast with last year’s estimated rise of 28.1% year-on-year, and would be worse than 2019’s 1.9% drop.