TMSC continues to dominate the foundry semiconductor market with a forecasted 60% share in Q4 2022 according to Counterpoint market intelligence.

The chipmaker saw sequential growth across 2022 quarters, as global foundry industry sales posted a single-digit year-over-year growth in 2022.

However, analysts estimate the global foundry semiconductor revenues will decline by 4%-7% in 2023 and in the longer term, the growth should resume in H2 2023.

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