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Current- and Future-state Legacy Semiconductor Manufacturing Capacity

By Will Kirkman , Graham Newell, Ph.D. , Dan Brown

This briefing highlights the capacity of different countries to manufacture legacy semiconductors, as well as any planned expansions. It also quantifies China’s outsized role in planned capacity expansions. The White House announced a major increase in tariffs on China’s legacy semiconductor sector in May 2024.

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This briefing analyzes the current and future state of legacy semiconductor manufacturing capacity. It reveals that China dominates the global market, holding 39.3% of the total capacity and contributing between 75% to 97% of new capacity each year since 2019. The briefing also shows the timeline for planned additions to capacity, indicating that significant expansions outside of China are not expected to begin until 2027.