Taiwan Semiconductor Manufacturing Company consolidated its lead in the global foundry market in Q2, moving further ahead of second-place Samsung with more than a 70 per cent share of total revenue in the sector, data from TrendForce showed.

TSMC’s market share rose to 70.2 per cent from 62.3 per cent a year earlier, fuelled by a 45.2 per cent increase in sales to $30.2 billion. Samsung’s share fell to 7.3 per cent from 11.5 per cent, with revenue up 21.5 per cent nearly $3.2 billion.

China-based Semiconductor Manufacturing International’s share slipped to 5.1 per cent from 5.7 per cent. Revenue grew 16.3 per cent to $2.2 billion.

Total revenue in the sector in the April to June period increased 30.3 per cent year-on-year to $41.7 billion. The top-ten players accounted for 97 per cent of revenue.

TrendForced said the growth was driven by China’s consumer subsidy programme spurring early stocking, along with expected demand for new smartphones, notebooks, PCs and servers launching in the second half.

The research outfit forecast seasonal demand for new products to drive order momentum, with advanced nodes benefitting from strong demand for flagship chips, while mature nodes will be supported by peripheral IC orders.