Global Foundry Sales Set to Drop in 2023 in Blow to Taiwan, South Korea.

(Bloomberg) -- Revenues in global contract chipmaking, or foundries, are projected to fall this year as demand cools rapidly for the advanced chips that have bolstered Asian technology-driven economies Taiwan and South Korea. Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. hold the biggest slices of the foundry industry, fabricating chips to the specifications of companies that do not have chipmaking plants of their own. [Extracted from the article]