Taiwan Semiconductor Manufacturing Company (TSMC) stands out as a tough competitor to Samsung, as it keeps beating Samsung in the foundry market.
Samsung, one of the leading brands in the tech industry, is a bit housed down, as TSMC has been in a commanding position for years and continues to grow its share. Recent reports are reporting this.
Back in 2023, the market shares of TSMC increased by 8% as compared to its previous quarter. On the other hand, it is sad to relate that Samsung Electronics went through a decrease in sales. Not only this, but TSMC’s premium 3nm process also improved its revenue, which helped to touch a 60% edge. The metric of TrenForce shows that TSMC now has a 61.2% share of the market. It is known that it brought in $19.6 billion in sales during the quarter, a 14% increase as compared to the previous time.
Noticeably, even after being the second largest contract chipset producer, the Korean brand trails TSMC in a distant second place along with 11.3% of the share, falling 1.1% points as compared to the past quarter. The metrics reveal that it saw $3.6 billion in sales, and the gap with TSMC further extended, boosting to 49.9% points in comparison to the previous period.
Despite all this, it seems that TSMC could be capable of extending its market share by establishing itself as an extreme competitor in the industry. The market giants believe that its share should exceed 70% with the production of 3nm wafers, providing TSMC with a solid edge for processor manufacture on advanced nodes.
