Samsung's chip contract manufacturing business said on Tuesday it plans to more than triple its advanced chips production capacity by 2027.
Samsung Electronics is targeting mass production of advanced 2-nanometre technology chips by 2025 and 1.4-nanometre chips by 2027.
The new 2nm and 1.4nm Chips are set for use in applications such as high-performance computing and artificial intelligence.
Samsung began mass producing 3nm chips and is in talks with potential customers for a 3-nanometre collaboration, including Qualcomm, Tesla, and AMD.
Samsung, the world's largest memory chip maker, has had difficulties in meeting clients' expectations for foundry yields in recent years.
Samsung has lagged TSMC's development schedule and performance in 5 and 4-nanometre chips, but customers were interested in the second version of 3-nanometre chips to be made from 2024.



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