TrendForce sees 8.8% growth for TSMC

INDUSTRY PREDICTIONS: TSMC leads the foundry industry rankings, followed by GlobalFoundries, UMC, Samsung Electronics and SMIC, the research firm said

Taipei Times
Date: Nov 30, 2017
By: Lisa Wang  /  Staff reporter

Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is likely to see above-par revenue growth of 8.8 percent annually this year as more clients adopt its advanced 10 nanometer (nm) technology, market researcher TrendForce Corp (集邦科技) said yesterday.

TSMC’s revenue is expected to expand to US$32.04 billion this year from last year’s US$29.44 billion, which would account for a 55.9 percent share of the world’s semiconductor foundry market and put it at the top of the industry’s rankings, the Taipei-based researcher said.

The Hsinchu-based chipmaker’s growth rate is outpacing the 7.1 percent expansion projected for the whole foundry industry, and this is going to be the fifth consecutive year it has posted 5 percent growth, TrendForce’s latest report said.

The global foundry industry is expected to generate US$57.3 billion in revenue this year, TrendForce said.    [FULL  STORY]

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