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In the competitive landscape of the global wafer foundry market, Semiconductor Manufacturing International Corporation (SMIC) continues to gain ground, posing a significant threat to Samsung Electronics' position as the world's second-largest player. According to a report by the esteemed market research firm TrendForce, Taiwan Semiconductor Manufacturing Company (TSMC) retains its dominant position with a market share of 67.6%. Meanwhile, Samsung's market share has dipped to 7.7%, placing it at risk of being surpassed by SMIC. With a market share of 6%, SMIC solidly holds the third spot globally and is steadily closing the gap with Samsung. Furthermore, the widening disparity between Samsung and TSMC underscores the fierce competition within the wafer foundry industry.
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