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The Fabless Semiconductor market is a subset of the Semiconductor industry, which designs, manufactures, and sells integrated circuits (ICs) and other semiconductor devices. Fabless semiconductor companies focus on the design and development of ICs, while outsourcing the fabrication of the ICs to a third-party foundry. This model allows fabless semiconductor companies to focus on their core competencies, while reducing the cost of production. Fabless semiconductor companies are typically smaller than their integrated device manufacturer (IDM) counterparts, and often specialize in specific applications or markets. This allows them to develop more specialized products, and to respond quickly to changing market conditions. Some of the major players in the Fabless Semiconductor market include Qualcomm, Broadcom, Nvidia, AMD, and Xilinx. Other notable companies include Marvell, MediaTek, and Silicon Labs. Show Less Read more