Taiwan's top-3 foundries - Taiwan Semiconductor Manufacturing Company (TSMC), United Microelectronics Corporation (UMC) and Vanguard International Semiconductor Corporation (VIS) - saw their combined revenues exceed US$50 billion in 2020.
They are also expected to deliver robust performances in the first quarter of 2021 despite the quarter being traditional slow season.
Demand for their services will remain strong, prompting the foundries to raise their quotes and expand capacity.
Table 1: Key factors affecting Taiwan's wafer foundry industry in 4Q20 and 1Q21 (demand)
Table 2: Key factors affecting Taiwan's wafer foundry industry in 4Q20 and 1Q21 (supply)
Table 3: Key factors affecting Taiwan's wafer foundry industry in 1H21 and 2H21 (demand and supply)
Chart 1: Taiwan key wafer foundry revenues, 4Q19-1Q21 (US$b)
Chart 4: Taiwan key wafer foundry annual revenues, 2017-2021 (US$b)
