Latest News and Trends

Samsung maps foundry future post-Tesla deal: eyes 2026 Taylor ramp and broader US client base

During the earnings call for second quarter results, Samsung Electronics declined to provide further information regarding its US$16.5 billion foundry deal with Tesla, while noting its competitiveness in advanced process technologies that is expected to significantly boost utilization at its new Taylor, Texas facility, which is set to ramp up operations in 2026.