Samsung expects its foundry customers to quadruple by 2029
Samsung Electronics said Tuesday that the number of customers for its foundry business could grow roughly fourfold by 2029 compared to 2017. "The number of customers has increased about threefold from when the foundry business was first established as an independent unit in 2017," Noh Mi-jung, a senior vice president at Samsung's foundry business, said during Korea Premium Week 2026. "We expect…
Samsung Electronics anticipates a fourfold increase in the number of customers for its foundry business by 2029, compared to 2017 levels. Noh Mi-jung, a senior vice president at Samsung's foundry business, disclosed this expectation during Korea Premium Week 2026. She stated, "We expect the customer number to grow about fourfold by 2029."
Presently, Samsung's foundry business primarily focuses on mobile products, but the company intends to broaden its portfolio towards artificial intelligence (AI) and high-performance computing (HPC). In 2017, HPC accounted for only 5% of the foundry business, but this proportion has since surged to 28%. The company projects that HPC will capture more than half of Samsung's customer base by 2029, and also contribute significantly more than half of its sales.
Samsung aims to commence mass production of its third-generation 2-nanometer process in 2028, followed by the mass production of its 1.4-nanometer process.
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- Samsung expects its foundry customers to quadruple by 2029 en.yna.co.kr
- Samsung expects its foundry customers to quadruple by 2029 koreatimes.co.kr
