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Taiwan Semiconductor Manufacturing Co (NYSE:TSM) is the world’s leading foundry by revenue in the first quarter. China’s State-backed SMIC, or Semiconductor Manufacturing International Co, held a market share of 6% in the first quarter, up from 5% last year. This growth places SMIC behind only TSMC and South Korea’s Samsung Foundry, which held 62% and 13% of the market share, respectively, CNBC cites Counterpoint. Also Read: ASML and Taiwan Semi Prep for Potential China-Taiwan Conflict with Remo