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Samsung Electronics Co.'s market share in the foundry business was estimated at 18.8 percent in the April-June period, up 2.9 percent from the previous three months due to the growth in the 5G smartphone market.
Industry tracker TrendForce also sees the South Korean firm's revenue from the foundry business surging to US$3.6 billion in the second quarter, 15.7 percent higher from last year.
The demand for Samsung's 7nm process technology was made stable by good customer adoption rates of 5G smartphones featuring Qualcomm's mid-range and high-end 7-series Snapdragon 5G platforms.
Meanwhile, TrendForce expects market leader Taiwan Semiconductor Manufacturing Company (TSMC) to post a 51.5 percent market share in the second quarter, down 2.6 percent from the previous three months.
The company was estimated to register a second-quarter revenue of $10.1 billion, 30.4 percent higher from last year.
TrendForce foresees the third spot going to GlobalFoundries with a 7.4 percent share, trailed by UMC with 7.3 percent.
Another South Korean firm, DB HiTek Co., is expected to rank tenth with a $193 million revenue in the second quarter.
TrendForce projects the combined revenues of the top 10 foundries to increase 23.1 percent in the second quarter from the year before.
However, the market researcher warned that the ongoing trade tension between the US and China kept all foundries from benefiting from the wave of demand. It added that the increased demand in 2Q20 is not equivalent to a revenue driver that could support the industry in the long term.
