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  2. A “fabless,” or a semiconductor designing company, combines two words: FAB (fabrication) refers to the semiconductor production line, and “less” means the absence of something. In other words, a fabless is a semiconductor company without a production line. A company that only has a production line is called a foundry.
    semiconductor.samsung.com/us/support/tools-reso…
    A fabless semiconductor company is a company that designs, verifies, and sells semiconductors under its own brand or for other brands but does not own the fabrication plant to make the semiconductors. Instead, a fabless company outsources its chip fabrication to a semiconductor foundry, such as TSMC, Globalfoundries, and UMC.
    semiengineering.com/knowledge_centers/manufac…

    In the semiconductor industry, “fabless” refers to a company that outsources its manufacturing to another provider. A fabless company designs, develops, and markets semiconductor products but does not manufacture them.

    trupathsearch.com/fabless-semiconductor/

    The term "fabless" means that the company designs and sells the hardware and semiconductor chips but does not manufacture the silicon wafers, or chips, used in its products; instead, it outsources the fabrication to a manufacturing plant or foundry.

    www.investopedia.com/ask/answers/050615/what-…
    A fabless is a business model that can focus on designing semiconductors without factories that require huge investments. Without any semiconductor-manufacturing facilities, they focus on coming up with unrivaled ideas and developing semiconductor chips with their best chip-designing technology.
    semiconductor.samsung.com/news-events/tech-blo…
     
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