Foundry Business and Market Trend Report ｜ June 2023

July 31, 2023

Key Takeaways:

 

Samsung Foundry’s GAA Process Leadership and Acceleration:

  • Samsung Foundry led the first commercial GAA process tape-out.
  • To speed up GAA process adoption, Samsung Foundry introduced 2nd gen 3GAP development for internal demand, primarily from LSI with less refined PDK.

CoWoS Manufacturing and Challenges:

  • We expect overall CoWoS line WIP may increase by 55~60% from 2Q23 to 4Q23, bottlenecked at CoW flip-chip bonding, moldings, and grindings.
  • Capacity and operational wise, resources would be channeled to chip bonding stage where key equipment, materials, supply chains (HBM, top dies), and customer requests collectively lead to the greatest bottleneck.
  • Due to the increasing AI demand from Nvidia, it is anticipated that TSMC may resume the expansion of its CoWos capacity, with a target of reaching 15~20k/m by end-Y2024.
  • However, TSMC may encounter challenges such as the lengthy equipment lead time of 8 ~10 months, technology migration strategies and the limited supply of HBM from Micron.

MediaTek AP shipment Forecasts in Y2023~Y2024

  • Due to excessive inventory and slower digestion, MediaTek AP shipments could decline 21-24% YoY in 2023, with a slight 0-2% increase projected for 2024.

 

The information we shared is only a short excerpt of our monthly report. If you have further interest in our research and findings, we would be happy to provide you with a more detailed and comprehensive report that includes additional insights and data points. Please contact us to access our full insights.

Authors

Lucy Chen

Lucy Chen, Vice President at Isaiah Research, has been working 25+ years in semiconductor industry. Focus on semiconductor engineering and supply chain research. Master in Application Chemistry, NCTU, Taiwan Currently as the Vice President at Isaiah Research and lead semiconductor research team to work on the supply chain analysis from IC design and IDM(Qualcomm, MediaTek, Intel, etc) to foundries(TSMC, Samsung, UMC, GlobalFoundries, SMIC) and OSATs(ASE,SPIL). Business development and customer management including raw materials and equipment suppliers, top tier foundries and smartphone brands. Used to work as the Engineering Director at Lam Research for 15+ years and Director of Technology & Marketing at SEZ Group. Focus on process engineering, product strategies planning, supply chain and customer management including foundries and memory.