Samsung Electronics said it plans to triple its advanced chip production by 2027 to match the increased demand for semiconductors.
A statement said there has been significant market growth in high-performance computing, artificial intelligence, 5G and 6G connectivity and automotive applications.
As a result, the electronics company is planning on bringing “its most advanced process technology, 1.4-nanometer (nm), for mass production in 2027”.
“The technology development goal down to 1.4nm and foundry platforms specialized for each application, together with stable supply through consistent investment are all part of Samsung’s strategies to secure customers’ trust and support their success,” said Dr Si-young Choi, president and head of Foundry Business at Samsung Electronics (KRX:005930).
“Realizing every customer’s innovations with our partners has been at the core of our foundry service.”
Samsung also plans to bring its 2nm processing chips to mass production in 2025, while accelerating the development of 2.5D/3D heterogeneous integration packaging technology, it said.