TSMC undoubtedly holds a leading position in the global wafer foundry market, with its market share and technological strength making it a benchmark in the industry. According to the latest data, TSMC's technological advantages and economies of scale have enabled it to occupy a significant leading position in the international market. At the same time, although Intel's sales in the wafer foundry field are close to $20 billion, most of its revenue comes from internal demand, and the growth rate of external foundry revenue is relatively limited, indicating the challenges it faces in market competition.

In this context, SMIC, with the advantages of domestic expansion and localized production, is expected to generate annual revenue of over 10 billion US dollars by 2026. SMIC is actively building four major wafer fabs, which are expected to significantly increase production capacity from 806000 wafers per month to 1.166 million wafers. This expansion plan is not only a response to market demand, but also a reflection of the continuous rise of China's semiconductor industry chain.

With the gradual recovery of the semiconductor market, especially the rapid development of the domestic industrial chain, it has driven the high demand of SMIC. Especially driven by emerging industries such as domestic mobile phones and new energy vehicles, more and more local design companies are choosing to transfer their production processes back to China. This trend not only provides valuable market opportunities for SMIC, but also lays the foundation for the independent and controllable development of China's semiconductor industry.

SMIC's revenue growth mainly relies on mature process technologies above 28 nanometers. In the global semiconductor industry, the demand for mature process technologies remains stable, but due to US export control policies, SMIC's business expansion in more advanced process areas is limited. This poses certain challenges for SMIC in its pursuit of technological upgrades, but at the same time, it also means that the market demand for mature processes will continue to remain strong.

In such a market environment, TSMC still provides services to global customers with its leading technology and efficient production capacity. Its advanced process technology continues to innovate, attracting orders from many well-known companies including Apple and Qualcomm, consolidating its leadership position in the global market. Intel's layout in the wafer foundry field appears relatively conservative, despite having a strong technological foundation, it has not been able to establish sufficient influence in the foundry market.

SMIC's layout of localized production, coupled with strong demand in the domestic market, is gradually changing the pattern of the global wafer foundry market. With the Chinese government's high attention and support for the semiconductor industry, coupled with various policy initiatives, SMIC is expected to achieve even larger scale growth in the coming years.

In summary, the global wafer foundry market is undergoing a profound transformation. TSMC remains the industry leader, Intel needs to adjust its strategy as soon as possible to enhance its competitiveness in external markets, while SMIC is rising as an undeniable force with its local advantages and expansion plans. In the future market competition, the performance of these three companies will have a profound impact on the development of the global semiconductor industry.

Fushite Technology focuses on the field of power devices, providing customers with power devices such as IGBT and IPM modules, as well as MCU and touch chips. It is an electronic component supplier and solution provider with core technology.