Semiconductor Foundry Market Research Report [2023 – 2031] Market Overview The semiconductor foundry market is a critical segment of the semiconductor industry, specializing in the manufacturing of integrated circuits (ICs) designed by other companies. These foundries provide a cost-effective and efficient solution for semiconductor companies, enabling them to focus on chip design and innovation without the significant capital investment required for manufacturing facilities. Key Factors Contributing to Market Growth Increasing Demand for Semiconductors: The ever-growing demand for electronic devices, such as smartphones , computers, and IoT devices , drives the need for semiconductor chips. Advancements in Semiconductor Technology : Continuous advancements in semiconductor technology, including smaller node sizes and advanced packaging techniques, are driving the demand for foundry services. Growth of Emerging Technologies: The emergence of technol...