Worldwide Wafer Foundry Industry: Taiwan Continues to Hold a Competitive Edge Over Other Countries

A new research report titled “Recap and Outlook for the Worldwide Wafer Foundry Industry In 2017” has been added to the repository of Market Research Hub (MRH). The report offers in-depth insights on the future projections of global wafer foundry industry in key countries. The industry has been analyzed on the basis of demand-supply equation, whereas developments of some of the key players have also been analyzed in the report.

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According to the report, the wafer found industry is in the midst of a steady phase on account of spike in demand for IT devices. The pickup in the growth of IT devices is likely to provide an impetus to the worldwide wafer foundry industry in the near future. In addition to surging demand for IT devices, the industry is also likely to benefit from growing applications in emerging technologies.

The proliferation of Internet of Things (IoT) and growing digitalization of automotive components are ramping up demand for ICs, which in turn is boosting the demand for wafer foundries globally. In addition, investment in 5G technologies by telecom companies around the world, is also likely to provide an impetus to growth.

The growth of the consumer electronics industry has been a key factor for inducing a state of steadiness in the global wafer foundry industry. According to the report, surging sales of smartphones and notebooks will continue to provide an impetus to demand for wafer foundries. Consumers in developing countries such as China and India are showing big appetite for flagship smartphones and advanced notebooks. Lower replacement cycles and cost-effectiveness of these products is also likely to augur well for the prospects of wafer foundry industry in the near future.

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The report includes a holistic competitive landscape that profiles the business and product strategies of some of the leading players in the market. Some of the prominent players assessed in the market include Samsung, TSMC, SMIC, GlobalFoundries, and UMC. In addition to these key players, the report also delves into the most lucrative manufacturing countries for wafer foundries. The industry has been analyzed in Taiwan and China, two of the most prominent manufacturing hubs for wafer foundries.

According to the report, Taiwan still continues to outperform the global market, owing to competitive labor costs, and presence of a large pool of skilled workers. The market share of Taiwanese manufacturers is still larger than other competitors, and the status quo is unlikely to change in the near future.

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This release was published on openPR.