Zheng Quan Shi Bao Wang·2025-06-09 12:48Group 1 - The global wafer foundry industry experienced a recovery in Q1 2025, despite being a traditional off-season, driven by strong downstream stocking demand and China's subsidy policy for trade-in programs [1][2] - TrendForce reported that the revenue of global wafer foundries in Q1 2025 was approximately $36.4 billion, reflecting a decrease of about 5.4% compared to the previous quarter [1] - The top ten wafer foundries are expected to see revenue growth in Q2 2025, supported by ongoing demand from AI HPC and the launch of new smartphone models [2] Group 2 - TSMC maintained a leading market share of 67.6% in Q1 2025, with revenue of $25.5 billion, a quarter-over-quarter decrease of 5% [4] - SMIC benefited from early stocking by customers and China's consumption subsidies, achieving a revenue increase of 1.8% to $2.25 billion, ranking third [4] - Other foundries like Huahong and Hefei Jinghe also reported revenue growth due to urgent orders, with Huahong's revenue remaining stable at approximately $1.01 billion [5]