target audience: TECH SUPPLIER  Publication date: Aug 2024 - Document type: Market Analysis Perspective - Doc  Document number: # US51693524

Market Analysis Perspective: Worldwide Semiconductor Supply Chain — Foundry Market, 2024

By:  Galen Zeng Loading

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Abstract


This IDC Market Analysis Perspective will provide a deep analysis of the market conditions in the foundry industry. It provides an in-depth discussion of the revenue performance, capacity, utilization, and process technology of major manufacturers to explore future trends.

"Foundry plays a central role in the semiconductor supply chain. Despite the order adjustment of fabless chipmakers, the overall performance in 2023 was relatively conservative. In 2024, however, the foundry market is expected to experience robust growth of 17.3% with the gradual destocking in the supply chain and gradual stabilization of foundry orders, including the recovery of market conditions in consumer electronics, communications, computing, and other application fields that will offset the slowdown in demand for industrial and automotive electronics. This growth will also be affected by the explosive growth of AI, high-performance computing (HPC), and 5G. Looking to the future, the prospects for the foundry industry are more promising," says Galen Zeng, senior research manager at IDC.



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