<s>
Fabless	B-Algorithm
manufacturing	I-Algorithm
is	O
the	O
design	O
and	O
sale	O
of	O
hardware	O
devices	O
and	O
semiconductor	O
chips	O
while	O
outsourcing	B-Architecture
their	O
fabrication	B-Architecture
(	O
or	O
fab	B-Algorithm
)	O
to	O
a	O
specialized	O
manufacturer	O
called	O
a	O
semiconductor	B-Algorithm
foundry	I-Algorithm
.	O
</s>
<s>
These	O
foundries	B-Algorithm
are	O
typically	O
,	O
but	O
not	O
exclusively	O
,	O
located	O
in	O
the	O
United	O
States	O
,	O
China	O
,	O
and	O
Taiwan	O
.	O
</s>
<s>
Fabless	B-Algorithm
companies	O
can	O
benefit	O
from	O
lower	O
capital	O
costs	O
while	O
concentrating	O
their	O
research	O
and	O
development	O
resources	O
on	O
the	O
end	O
market	O
.	O
</s>
<s>
Some	O
fabless	B-Algorithm
companies	O
and	O
pure	O
play	O
foundries	B-Algorithm
(	O
like	O
TSMC	O
)	O
may	O
offer	O
integrated-circuit	O
design	O
services	O
to	O
third	O
parties	O
.	O
</s>
<s>
Semiconductor	O
companies	O
owned	O
and	O
operated	O
their	O
own	O
silicon-wafer	O
fabrication	B-Architecture
facilities	O
and	O
developed	O
their	O
own	O
process	O
technology	O
for	O
manufacturing	O
their	O
chips	O
.	O
</s>
<s>
But	O
integrated	B-Algorithm
device	I-Algorithm
manufacturers	I-Algorithm
(	O
IDMs	O
)	O
had	O
excess	O
production	O
capacity	O
.	O
</s>
<s>
These	O
conditions	O
underlay	O
the	O
birth	O
of	O
the	O
fabless	B-Algorithm
business	O
model	O
.	O
</s>
<s>
Engineers	O
at	O
new	O
companies	O
began	O
designing	O
and	O
selling	O
ICs	O
without	O
owning	O
a	O
fabrication	B-Algorithm
plant	I-Algorithm
.	O
</s>
<s>
Simultaneously	O
,	O
the	O
foundry	B-Algorithm
industry	O
was	O
established	O
by	O
Dr.	O
Morris	O
Chang	O
with	O
the	O
founding	O
of	O
Taiwan	O
Semiconductor	B-Architecture
Manufacturing	I-Architecture
Corporation	O
(	O
TSMC	O
)	O
.	O
</s>
<s>
Foundries	B-Algorithm
became	O
the	O
cornerstone	O
of	O
the	O
fabless	B-Algorithm
model	O
,	O
providing	O
a	O
non-competitive	O
manufacturing	O
partner	O
for	O
fabless	B-Algorithm
companies	O
.	O
</s>
<s>
The	O
co-founders	O
of	O
the	O
first	O
fabless	B-Algorithm
semiconductor	I-Algorithm
company	I-Algorithm
,	O
LSI	O
Computer	O
Systems	O
,	O
Inc	O
.	O
(	O
LSI/CSI	O
)	O
LSI/CSI	O
,	O
worked	O
together	O
at	O
General	O
Instrument	O
Microelectronics	O
(	O
GIM	O
)	O
in	O
the	O
1960s	O
.	O
</s>
<s>
The	O
new	O
chips	O
were	O
power-efficient	O
random	B-General_Concept
logic	I-General_Concept
circuits	O
with	O
extremely	O
high	O
circuit	O
densities	O
.	O
</s>
<s>
In	O
creating	O
the	O
fabless	B-Algorithm
semiconductor	O
industry	O
,	O
LSI/CSI	O
had	O
to	O
do	O
the	O
following	O
:	O
</s>
<s>
Select	O
a	O
suitable	O
and	O
CDC	O
certifiable	O
wafer	O
fab	B-Algorithm
house	O
.	O
</s>
<s>
In	O
1994	O
,	O
Jodi	O
Shelton	O
,	O
along	O
with	O
a	O
half	O
a	O
dozen	O
CEOs	O
of	O
fabless	B-Algorithm
companies	O
,	O
established	O
the	O
Fabless	B-Algorithm
Semiconductor	O
Association	O
(	O
FSA	O
)	O
to	O
promote	O
the	O
fabless	B-Algorithm
business-model	O
globally	O
.	O
</s>
<s>
The	O
fabless	B-Algorithm
manufacturing	I-Algorithm
model	O
has	O
been	O
further	O
validated	O
by	O
the	O
conversion	O
of	O
major	O
IDMs	O
to	O
a	O
completely	O
fabless	B-Algorithm
model	O
,	O
including	O
(	O
for	O
example	O
)	O
Conexant	O
Systems	O
,	O
Semtech	O
,	O
and	O
most	O
recently	O
,	O
LSI	O
Logic	O
.	O
</s>
<s>
Today	O
most	O
major	O
IDMs	O
including	O
Apple	O
Inc.	O
,	O
Infineon	O
and	O
Cypress	O
Semiconductor	O
have	O
adopted	O
the	O
practice	O
of	O
outsourcing	B-Architecture
chip	O
manufacturing	O
as	O
a	O
significant	O
manufacturing	O
strategy	O
.	O
</s>
<s>
The	O
top	O
5	O
sales	O
leaders	O
for	O
fabless	B-Algorithm
companies	O
in	O
2020	O
were	O
:	O
</s>
<s>
The	O
top	O
5	O
sales	O
leaders	O
for	O
fabless	B-Algorithm
companies	O
in	O
2019	O
were	O
:	O
</s>
<s>
The	O
top	O
5	O
sales	O
leaders	O
for	O
fabless	B-Algorithm
companies	O
in	O
2017	O
were	O
:	O
</s>
<s>
The	O
top	O
5	O
sales	O
leaders	O
for	O
fabless	B-Algorithm
companies	O
in	O
2013	O
were	O
:	O
</s>
<s>
The	O
top	O
5	O
sales	O
leaders	O
for	O
fabless	B-Algorithm
companies	O
in	O
2011	O
were	O
:	O
</s>
<s>
The	O
top	O
5	O
sales	O
leaders	O
for	O
fabless	B-Algorithm
companies	O
in	O
2010	O
were	O
:	O
</s>
<s>
The	O
top	O
5	O
sales	O
leaders	O
for	O
fabless	B-Algorithm
companies	O
in	O
2003	O
were	O
:	O
</s>
