July 9, 2026 -
By Asif Iqbal Shaik, sammobile.com
Samsung Electronics’ chipmaking division, Samsung Foundry, has been going through a rough patch over the past few years. It lost major customers, including Nvidia and Qualcomm, to TSMC. However, after securing a $16.5 billion chip manufacturing contract from Tesla earlier this year, the company’s fortunes appear to be improving. It has now reportedly posted its first monthly profit in three years.
According to a report from Bloter, Samsung Foundry turned profitable on a monthly basis in June 2026, marking its first profitable month in the past three years. The turnaround was reportedly driven by significantly higher utilization of its 4nm process, thanks to increased production of HBM base dies and improved manufacturing yields.