This research report presents shipment value forecast and recent quarter review of the Taiwanese fabless IC industry. The report includes the analysis of fabless IC shipment value, product mix, and application mix. The content of this report is based on primary data obtained through interviews with Taiwanese fabless IC design houses and publicly available information such as corporate financial statements. The report finds that the Taiwanese fabless IC industry's shipment value grew 1.2% year-on-year in the first quarter of 2016. The industry's shipment value is anticipated to continue growing to US$4.3 billion in the second quarter, up 11.7% year-on-year. In regards to application category, communication and consumer systems continued to secure the top ranks of shipment value in the fabless IC industry in the first quarter of 2016, with a combined share of around 70%. Looking ahead to the third quarter of 2016, it is predicted that the industry's shipment value will grow 6.1% year on year to US$4.4 billion.