X-Fab is Fastest Growing Foundry

Dylan McGrath, EETimes, Jan. 23, 2017 – German specialty fab X-Fab Semiconductor Foundries grew sales faster than any other pure play foundry in 2016, a year that saw overall pure play foundry sales increase by a robust 11%, according to market research firm IC Insights.

X-Fab, which provides analog/mixed-signal chip manufacturing, grew sales by a whopping 54%, albeit from a comparatively small base, according to IC Insights. The company's sales totaled $510 million in 2016, up from about $330 million for two consecutive years.

X-Fab's 2016 share of the pure play foundry market was just 1%, however, IC Insights said.

In additional to X-Fab, China's SMIC and Israel's Tower-Jazz also achieved impressive growth rates of more than 30%, according to the latest release of IC Insights' McClean Report.

TSMC remained far and away the market leader, commanding market share of 59% for the third consecutive year in 2016, IC Insights (Scottsdale, Ariz.) said.

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