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Semiconductors

Taiwan's share of contract chipmaking to hit 66% this year: report

TSMC set to widen lead over Samsung, Chinese rivals

Taiwan Semiconductor Manufacturing Co. is expected to expand its share of the global contract chipmaking market to 56% this year.   © Reuters

TAIPEI -- Taiwan's contract chipmakers will expand their global market share to 66% by revenue this year, cementing the island's dominant position in the chip supply chain, a new industry forecast shows.

Led by Taiwan Semiconductor Manufacturing Co., the island's players are projected to boost their share in the foundry business by 2 percentage points from 2021, local market research firm TrendForce said Monday.

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