{
  "id": 10591679,
  "title": "Samsung expects its foundry customers to quadruple by 2029",
  "url": "https://urgent.news/2026/09/29/samsung-expects-its-foundry-customers-to-quadruple-by-2029",
  "topic": "world",
  "section": "World",
  "published": "2026-09-29T02:57:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/business/companies/20260929/samsung-expects-its-foundry-customers-to-quadruple-by-2029"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "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…",
  "key_points": [
    "Samsung expects foundry customer base to quadruple by 2029.",
    "Currently, HPC accounts for 28% of foundry business, up from 5% in 2017.",
    "Samsung plans to start mass production of 2-nanometer process in 2028."
  ],
  "editors_take": "Samsung's push to expand its foundry business customer base and shift focus towards AI and HPC signifies a strategic transformation, potentially altering its market position and revenue streams.",
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "Samsung expects its foundry customers to quadruple by 2029",
        "url": "https://urgent.news/2026/09/29/samsung-expects-its-foundry-customers-to-quadruple-by-2029-10591761",
        "published": "2026-09-29T02:19:24.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Samsung expects its foundry customers to quadruple by 2029",
        "url": "https://urgent.news/2026/09/29/samsung-expects-its-foundry-customers-to-quadruple-by-2029-10595129",
        "published": "2026-09-29T03:12:03.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}