Samsung Electronics aims to produce 1.4-nanomter chips by 2027
Samsung Electronics will begin producing 1.4-nanometer chips by 2027 as part of its aggressive plan to create a more advanced chip manufacturing process, the company announced in a forum on Oct. 3.
It also confirmed its target of manufacturing 2-nanomter chips by 2025, during the annual Samsung Foundry Forum in Silicon Valley.
The announcement came after the Korean chipmaker succeeded in the mass production of 3-nanometer chips in June, the first in the world, although Samsung’s overall chip fabrication technology falls behind Taiwan’s TSMC, a market leader in the contract chip-making business.
“The technology development goal down to 1.4 nanometers and foundry platforms specialized for each application, together with a stable supply through consistent investments, are all part of Samsung’s strategies to secure customers’ trust and support their success,” said Choi Si-young, president and head of the foundry business at Samsung Electronics.
The company also vowed to increase the proportion of chips used in vehicles and high performance computing to 50 percent.
The move is intended to reduce its reliance on chips application in smartphones since the segment is experiencing sluggish demand.
To meet growing demand for high-performing chips, the chipmaker will also triple advanced chip production capacity by 2027.
BY PARK EUN-JEE [email@example.com]