The foundry business is largely dominated by TSMC, but Samsung has set an ambitious target for 2027, aiming to turn around this specific division and make it profitable within two years. The foundation has already been set by ramping up 2nm GAA production, along with establishing long-term business relationships with lucrative customers. Since 2022, Samsung’s foundry has been operating at a loss, and though the company does not provide specifics, industry estimates claim that every quarter, the company bleeds up to $1.36 billion A senior industry source familiar with Samsung’s plans informed ETNews that the Korean giant has ‘set a […]
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