According to IC Insight's recent foundry market share report, TSMC still dominates the market with a 52 percent share.

TSMC managed to ship $8,989 million worth of silicon and it's trailed by UMC, with sales of $2,815. Chartered reported sales of $1,514 million, while its parent company Globalfoundries shipped $1,101 million.

Combined, Globalfoundries and Chartered account for around 15 percent of the market. However, Globalfoundries plans to boost its market share to 30 percent over the next two to three years. According to ATIC CEO Ibrahim Ajami, Globalfoundries plans to ship a total of $5 billion within three years.

Analysts believe Globalfoundries' market share targets are very aggressive, but with a seamlessly endless supply of ATIC funding, the company might just pull it off.

Interestingly, Ajami claims ATIC has no plans to buy the rest of Globalfoundries and that it won't seek to acquire other foundries, such as UMC or Hynix.

More here.