This research report presents shipment value forecast and recent quarter review of the Taiwanese fabless IC industry. The report includes fabless IC shipment value, shipment by tier, and product mix and application mix analyses. The content of this report is based on primary data obtained through interviews with fabless IC design houses, and publicly available information such as corporate financial statements. The report finds that the Taiwanese fabless IC industry rebounded strongly in the second quarter of 2009, and the industry preformed better than the global semiconductor industry average. The industry's shipment value in third quarter of 2009 is expected to grow approximately 15.1% sequentially.