Taiwan Holds No. 2 Spot in World's Fables IC Market

Taiwan had quite impressive performance in integrated circuit (IC) design in 2014, securing 18% of the world's fabless IC market share, ranking second behind the United States, according to semiconductor market research company IC Insights.

The largest increase in fabless IC market share came from Chinese companies, which held a 9% share in 2014, compared to 5% in 2010. South Korea was weak in the fabless IC market, with having less than 1% global share last year. 

South Korea ranked second with an 18% market share, while Taiwan placed fourth with a 7% share. Chinese companies accounted for only 3% of total IC sales in 2014.

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