UMC

The top 10 contract makers of chips saw their Q1 2023 revenue decline by 14.6% year-over-year and 18.6% quarter-over-quarter, according to the most recent report by TrendForce. The market intelligence firm attributes falling sales of foundries to ongoing sluggish demand in the end-market demand and seasonality. TSMC and Samsung Foundry retained top positions, whereas GlobalFoundries is back to No. 3, surpassing UMC for the first time in a while. The world's 10 largest foundries earned $27.3 billion in Q1 2023, a 14.6% drop year-over-year (YoY) and an 18.6% drop quarter-over-quarter (QoQ), based on TrendForce data. The revenue decrease resulted from a weakened demand for mass-market applications that use leading-edge fabrication technologies, such as client PCs and smartphones, and was particularly noticeable at TSMC and Samsung...