Samsung expects its foundry customers to quadruple by 2029

October 1, 2026 -

By Yonhap, koreatimes.co.kr

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).

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