Samsung’s Foundry is trying hard to maintain its leading legacy in the industry and stand strong against its rival, TSMC. It is now anticipated to receive a major order from Qualcomm.
According to the report from The Financial News, Samsung is all set to sign a deal with Qualcomm, which authorizes the firm to bring in more cash. Noticeably, Qualcomm mainly released on TSMC or Samsung for the chipset’s fabrication since it does not have its dedicated chip fabs.
Samsung has its dedicated fab, which hints that the two brands can collaborate on future chipsets. The Korean tech giant recently supplied advanced prototypes of 3nm process to Qualcomm, suggesting the companies might close the deal soon.
An industry insider stated, “Samsung is already doing well in legacy products, and as it has succeeded in winning orders from large customers (leading products), there are predictions that this year will be different.”
A few analysts also predict that it’s quite hard to upgrade the performance of the Samsung foundry in such a short term, and the reason behind this could be ongoing deficits, and the company may face financial difficulties.
Han Jin-man, the head of the foundry division, explained that the foundry business relies on major orders at the recent shareholder meeting, so it’s expected that the revenue will not rise for at least two more years. He stated, “We cannot solve this problem in one or two quarters, but we will do our best.”
Recently, it was also reported that Samsung’s foundry division started 1nm process development and aims for mass production after 2029, which will be significant for a firm to lead the semiconductor industry.
