Foundry market to grow 20% this year

The foundry market grew 26% last year and is forecast to grow 20% this year, says IC Insights. After dropping 2% in 2019, the market rebounded in 2020 as application processor and other telecomm device sales into 5G smartphones acted as strong drivers. The market continued its growth surge in 2021, registering a 26% jump. ...

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