Global foundry revenue rose 12% YoY in Q1 2024, but dropped 5% QoQ; TSMC’s market share rose 1% YoY to 62%, Samsung rose 2% YoY to 13%, and SMIC rose 1% to 6% (Counterpoint Research)

Counterpoint Research:
Global foundry revenue rose 12% YoY in Q1 2024, but dropped 5% QoQ; TSMC's market share rose 1% YoY to 62%, Samsung rose 2% YoY to 13%, and SMIC rose 1% to 6%  —  - The foundry industry is experiencing a relatively slow recovery with 5% QoQ decline in Q1 2024, citing a softer recovery of general end market.