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  2. Fabs (short for “fabrication”) are facilities in which semiconductor products are manufactured. Fabless companies focus on designing chips. They partner with other companies (foundries) for the manufacturing phase. Foundries are companies that manufacture semiconductor products as a service. They do not design chips.
    newsroom.lamresearch.com/difference-between-fab-vs-foundry
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    What is the difference between a fabless and a foundry company?The fabless company concentrates on the research and development of an IC-product; the foundry concentrates on manufacturing and testing the physical product. If the foundry does not have any semiconductor design capability, it is a pure-play semiconductor foundry. An absolute separation into fabless and foundry companies is not necessary.
    What is the difference between a fab and a foundry?Fabs (short for “fabrication”) are facilities in which semiconductor products are manufactured. Fabless companies focus on designing chips. They partner with other companies (foundries) for the manufacturing phase. Foundries are companies that manufacture semiconductor products as a service. They do not design chips.
    What is fabless manufacturing?Fabless manufacturing is the design and sale of hardware devices and semiconductor chips while outsourcing their fabrication (or fab) to a specialized manufacturer called a semiconductor foundry. These foundries are typically, but not exclusively, located in the United States, China, and Taiwan.
    Where are Fabless foundries located?These foundries are typically, but not exclusively, located in the United States, China, and Taiwan. Fabless companies can benefit from lower capital costs while concentrating their research and development resources on the end market.
     
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