Samsung unveils ambitious five-year plan to manufacture advanced chips

Samsung has announced a five-year plan to expand its production capacity for advanced chips by 2027. The timeline could help the company regain ground from semiconductor giant TSMC.

In its Tuesday press release, following an announcement at the annual Samsung Foundry Forum event, Samsung committed to expanding its production capacity for advanced nodes “by more than three times” by the year 2027. The company also plans to introduce a two-nanometer process in 2025 and a 1.4nm process by 2027.

The company says it’s responding to “significant market growth in high-performance computing (HPC), artificial intelligence (AI), 5/6G connectivity and automotive applications,” which has made “innovation in semiconductor process technology critical...

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