20 Oct 2020 -

IC Insights: China will own 22% of the foundry market by end of year

IC Insights has released a new report with analysis on the global IC foundry industry and the pure-play market by region; pure play foundries concentrate on producing ICs for other companies.

The report pointed out that China accounted for almost all of the growth of the pure foundry market in 2018. In 2019, the U.S./China trade war slowed China’s economic growth but its foundry market-share still increased by 2% to 21%. Moreover, despite the Covid-19 shutdown of China’s economy earlier this year, China’s share of the pure-play foundry market is forecast to be 22% in 2020, 17% greater than it registered in 2010.

Copyright IC Insights 2020

The report also mentioned that Japan is expected to remain the smallest market for pure-play foundry sales with only a 5% share this year (up only two points from its share in 2010). With its foundry market forecast to be worth about $3.6 billion in 2020, Japan’s share of pure-play foundry sales is expected to be about 10% the size of the 2020 Americas pure-play foundry market ($35.1 billion).

IC Insights believes that the Japanese market for pure-play foundry services will increase only slightly in the future. The fabless IC company infrastructure in Japan is small and not expected to grow much over the next five years. Therefore, almost all of the growth in foundry demand in Japan is expected to come from a greater number of Japanese IDMs (e.g., Renesas, Toshiba, Sony, etc.), utilizing IC foundry services.

For more help with looking at supply chain options, contact Astute Electronics.

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