Jibang Consulting said that benefiting from the demand for new iPhone equipment to drive the Apple supply chain to pull goods, the output value of the top ten foundries in the third quarter of 2022 rose to 35.21 billion US dollars, an increase of 6% mom over month. However, due to weak global economic performance, high inflation, and a setback in consumer market confidence, the peak season in the second half of the year was not strong, and inventory removal was delayed, causing customers to deepen their correction of foundry orders. It is expected that revenue in the fourth quarter will fall as a result, officially ending the quarterly growth of the foundry industry in the past two years.