As it seeks to regain momentum beyond memory, Samsung Electronics is charting an ambitious path for its foundry division, aiming for a long-awaited turnaround. According to ETNews, citing industry sources, the company has set a target of making its foundry business profitable by 2027 and aims to cap...

As Samsung accelerates the development of its Taylor plant following a $16.5 billion AI6 order from Tesla, the company is set to receive an additional boost with $250 million (about 346 billion KRW) in subsidies from the state of Texas, according to ZDNet. The move, which comes after Texas grante...

After securing the $17 billion Tesla deal—a potential game-changer for its chip business, Samsung is reportedly restarting investment in its foundry facility in Taylor, Texas. According to etnews, the massive order came as a trigger for the company, with equipment investments estimated at roughly ...

According to SEDaily, citing industry sources, Samsung’s investment in the Taylor plant could exceed USD 50 billion. The report says the company is reportedly considering reinstating a KRW 10 trillion (approximately USD 7.7 billion) packaging facility project that was excluded from its U.S. invest...

According to South Korean media outlet The Korea Economic Daily, Samsung is reportedly considering further investment in its Taylor, Texas plant. Specifically, the company is said to be reviewing the addition of an advanced packaging line alongside its foundry and R&D facilities. The report n...