TAIPEI (Taiwan News) — TSMC captured 64% of the global chip market by revenue in Q3 last year, surpassing expectations, according to a Counterpoint report published Friday.
The market research firm said, benefiting from strong demand for AI accelerators and smartphone sales, TSMC’s 5 nm and 3 nm capacity utilization rates remained high in Q3 2024, per CNA.
TSMC’s 2 nm process is scheduled for mass production in 2025, with its Hsinchu Baoshan fab first to begin production. Reports said that the company’s new 2 nm fab in Kaohsiung started equipment installation six months ahead of schedule, per TrendForce.
Samsung increased shipments for its 4 nm and 5 nm processes, holding a 12% market share as the world’s second-largest foundry. Meanwhile, China’s SMIC benefited from recovery demand for 28 nm, capturing a 6% share as the third-largest foundry.
Semiconductor production capacity is expected to grow at an annual rate of 6.6%, reaching 33.6 million wafers per month in 2025, per SEMI. Eighteen fab construction projects are expected this year, with Japan and the Americas leading at eight each.