Lastly, we believe TSMC continues to remain the undisputed foundry leader in the semicon industry with the highest market share of 51% in 2021, and we expect it to continue gaining share with superior revenue growth. Moreover, we believe its position is supported by its technological leadership with advanced process technology and a 2nm roadmap by 2025. Compared to competitors, TSMC has the highest capacity (14.18 mln per year) and wafer pricing ($3,550). On top of that, the company is the largest foundry in the advanced packaging market and we believe its advanced packaging builds on its foundry strengths over competitors.
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