The Top 10 foundries had Q1 revenue of $29.2 billion at a QoQ drop of 4.3% in 1Q24, says TrendForce.

SMIC took the No.3 after overtaking GlobalFoundries and UMC. GloFo fell to No.5.

TSMC fell to $18.85 billion at an approximate QoQ drop of 4.1% but maintained its market share of 61.7%.

Samsung had revenue of $3.36 billion at a QoQ drop of 7.2% in 1Q24, with a market share maintained at 11%.

SMIC had revenue of $1.75 billion at a QoQ growth of 4.3% and took to the third spot in market share at 5.7%.

UMC had a unit QoQ increase of 4.5% and generated $1.74 billion of revenue at a QoQ dollar growth of 0.6%, with a market share of 5.7%.

GlobalFoundries saw a QoQ drop of 16% in wafer shipment an dropped to $1.55 billion in revenue, and market share fall to 5.1%.

HuaHong had revenue of $673 million at a QoQ growth of 2.4%, with a market share of 2.2%.

Tower dropped in ASP due to its alteration of shipment mix, and thus generated $327 million of revenue at a QoQ drop of 7.1%, with a market share of 1.1%.

PSMC had revenue of $316 million at a QoQ drop of 4.2%.

Nexchip had $310 million of revenue and was ranked at ninth place in market share at about 1.0%.

VIS dropped by an approximate QoQ of 4% in wafer shipment with $306 million with a market share of 1.0%.

By: DocMemory
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