Back in 2009, when GloFo was founded based on the fabs of AMD, the company ‘s revenues were 29% of TSMC’s revenues.
This year, GloFo’s revenues are expected to be only 22% of TSMC’s revenues, according to IC Insights.
In 2009, GloFo’s revenues were $2.6 billion when TSMC’s were $8.9 billion – a 29% difference.
Ever since then, the percentage has declined.
In 2010, GloFo’s revenues were $3.5 billion and TSMC’s were $13.3 billion – a 26% difference.
In 2011 the figures were GF $3.6 billion, TSMC $14.g billion – a 25% difference.
In 2012, GF scored $4 billion, TSMC scored $16.9 billion – a 24% difference.
And this year, 2013’ it es expected that TSMC will have $20 billion revenues and GLoFo will have $4.2 billion with the percentage slipping to 22%.
It’s always a hell of a job catching an incumbent leader and GloFo was massively aspirationsl in thinking it could do that, but now it looks as if it’s not going to happen.