How many foundry customers does Samsung expect by 2029?

Samsung expects the number of foundry customers to grow about fourfold by 2029 compared with 2017. Noh Mi-jung said the customer base has already increased about threefold since the unit was established in 2017.

What is Samsung’s foundry business shifting toward?

Samsung said it plans to diversify its foundry portfolio, which is currently focused on mobile products, toward artificial intelligence and high-performance computing. The company expects HPC to account for 66 percent of the business by 2029.

What chip manufacturing milestones did Samsung outline for Taylor and new processes?

Samsung said it aims to begin mass production of its third-generation 2-nanometer process in 2028 and its 1.4-nanometer process in 2029. It also plans to start initial operations at the first Taylor fab by the end of this year and to begin construction of a second fab within the year, targeting mass production in 2030.

Samsung expects its foundry customers to quadruple by 2029

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Summary

Samsung Electronics said its foundry customer base could grow about fourfold by 2029 from 2017. Noh Mi-jung said the business has already expanded its customer count about threefold since becoming an independent unit in 2017. Samsung also plans to shift its portfolio toward AI and HPC, with HPC expected to rise to 66 percent of the foundry business by 2029.

Key Facts

HPC accounted for 5 percent of Samsung’s foundry business in 2017 and had risen to 28 percent by now.
Samsung expects HPC customers to make up more than half of its customer base by 2029.
Samsung plans to begin mass production of its third-generation 2-nanometer process in 2028 and its 1.4-nanometer process in 2029.
The first fab of Samsung’s Taylor semiconductor complex in Texas is planned to begin initial operations by the end of this year.
Samsung plans to start construction of a second fab in Taylor within the year, with mass production targeted for 2030.

By Yonhap

Published Sep 29, 2026 11:39 am KST

People walk past Samsung Electronics' plant in Pyeongtaek, Gyeonggi Province, May 22. Korea Times photo by Ha Sang-yoon

Samsung Electronics said Tuesday that the number of customers for its foundry business could grow roughly fourfold by 2029 compared to 2017.

"The number of customers has increased about threefold from when the foundry business was first established as an independent unit in 2017," Noh Mi-jung, a senior vice president at Samsung's foundry business, said during Korea Premium Week 2026.

"We expect the customer number to grow about fourfold by 2029," she said.

Samsung's foundry business plans to diversify its portfolio, which is currently focused on mobile products, toward artificial intelligence (AI) and high-performance computing (HPC).

HPC accounted for just 5 percent of the foundry business in 2017 but has since risen to 28 percent. The company expects the share to reach 66 percent by 2029.

"By 2029, we expect HPC customers to account for more than half of our customer base, while HPC will also account for well over half of our sales," the executive said.

Samsung aims to begin mass production of its third-generation 2-nanometer process in 2028, followed by mass production of its 1.4-nanometer process in 2029.

The Korean tech giant plans to begin initial operations at the first fab of its Taylor semiconductor complex in Texas by the end of this year.

It also plans to start construction of a second fab there within the year, with mass production targeted for 2030.

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