Samsung makes not only smartphones and TVs but also semiconductor chips and several other electronic components. In fact, it is the second-biggest chip manufacturing firm and the world's biggest memory chip maker in the world. The South Korean firm held on to its second position in the semiconductor chip manufacturing segment in the previous quarter, according to a new report.
Samsung Foundry was the second-biggest chip manufacturing company in the world in Q3 2023, according to a new report from TrendForce. In fact, the company improved its revenue by 14.1% compared to Q2 2023. According to the numbers, Samsung's semiconductor chip manufacturing revenue was $3.69 billion in the third quarter of this year. In the second quarter, its revenue was $3.23 billion. Its market share improved from 11.7% in Q2 2023 to 12.4% in Q3 2023. TrendForce says the growth drivers for Samsung Foundry were diverse and included orders for Qualcomm's low to mid-range 5G chips, 5G modems, and 28nm OLED display drivers. It has also fabricated Samsung's own Exynos 2400 process using a 4nm process and will likely make the Exynos 2500 (a.k.a Dream Chip) using its second-generation 3nm process (3GAP).
Samsung is the only company other than TSMC to have developed a 3nm chip manufacturing process, but it hasn't found any big client for its new process. Still, the company has announced plans to develop 1.4nm and 2nm chip fabrication process nodes by 2027. It has grand plans to defeat TSMC by the year 2030 through big investments and technology research.
TSMC is still the world's biggest semiconductor chip fabrication firm by a long mile. Its market share improved from 56.4% in the second quarter to 57.9% in the third quarter. The company's revenue was a whopping $17.24 billion in Q3 2023, which is a 10.2% rise compared to the previous quarter. GlobalFoundries, which was once a part of AMD, is the third-biggest chip manufacturer, with a market share of 6.2% and revenue of 1.85 billion. Taiwan's UMC and China's SMIC (which made Huawei's Kirin 7000s processor) are ranked fourth and fifth, respectively.
HuaHong Group from China is ranked sixth, Israel's Tower Semiconductor is ranked seventh, and Taiwan's VIS is ranked eighth on the list. Intel's IFS (Intel Foundry Services) appeared in the top ten positions for the first time in recent quarters, ranking at the ninth position. It has a market share of 1% and revenue of $311 million. PSMC (Powerchip Semiconductor Manufacturing Corporation) is the tenth biggest semiconductor chip manufacturing firm in the world, with a 1% market share and $305 million in revenue.
