Samsung’s foundry market share rises in Q4

Leading the way: The Samsung Electronics building in Seoul. Samsung is the only contract chip manufacturer among the industry’s top five players to increase its market share in the fourth quarter. — AFP

SEOUL: Samsung Electronics Co expanded its share of the global foundry market in the fourth quarter, slightly narrowing down the gap with the industry’s leader TSMC, a report showed yesterday.

The South Korean chipmaker’s share rose 1.1 percentage points to reach 18.3% in the October-December period, according to market analyst firm TrendForce, while the dominant market player Taiwan’s TSMC shed 1% to 52.1%.