Global Chip Market Ranks restructured as Taiwan Semiconductor maintains lead, while China's SMIC climbs to third position.

Quick Summary:

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) is the world’s leading foundry by revenue in the first quarter. 

China’s State-backed SMIC, or Semiconductor Manufacturing International Co, held a market share of 6% in the first quarter, up from 5% last year. 

This growth places SMIC behind only TSMC and South Korea’s Samsung Foundry, which held 62% and 13% of the market share, respectively, CNBC cites Counterpoint.

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Author / Journalist: Anusuya Lahiri

Category: Technology

Markets: United StatesChinaSouth KoreaMalaysiaTaiwan

Topics: Briefs US8740391003 Stories That Matter Tech NVDA Benzinga Top Stories TSM US67066G1040 News Media

Source Website Secure: Yes (HTTPS)

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-24 @ 15:43:34 (1 months ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 298 words

Reading Time: 2 minutes read

Sentences: 18 lines

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Copyright Owner: © Benzinga

News ID: 21075620

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