Taiwan Semiconductor Marketing Co (TSMC) currently rules the foundry roost, with 50 percent market share. GlobalFoundries – a spin off from AMD has about 12 percent market share while United Microelectronics Corp (UMC) has 10 percent market share, according to the Taipei Times, which published the Fitch Ratings findings.
Fitch sees GlobalFoundries (GloFo) increasing its share in the next year or two, and that is likely to be at the expense of UMC and TSMC. Chinese foundry SMIC will also suffer from the shake up in the business.
While chip companies have found themselves in the usual position of not having sufficient capacity when they need it, that situation is set to change with the industry in overcapacity in 2013.
Semiconductors are not going to go away any time soon.