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 has forecasted a significant increase in the number of customers for its foundry business by 2029, anticipating a quadrupling compared to 2017 levels, according to Noh Mi-jung, a senior vice president of the foundry division. This prediction was made during Korea Premium Week 2026, where she expressed optimism about the growth trajectory.
Currently, 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). HPC's share of the foundry business rose from 5% in 2017 to 28% by 2026. The executive expects this segment to grow further, reaching 66% of the customer base and more than half of Samsung's sales by 2029.
By the end of next year, Samsung is slated to commence mass production of its third-generation 2-nanometer process, followed by the launch of 1.4-nanometer production.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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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
