Samsung launches five-year plan to tempt U.S. buyers with smaller chips

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Samsung Electronics Co. has announced an aggressive five-year plan to tempt U.S. chip buyers with more advanced technology, aiming to produce transistors that are just 1.4 nanometers wide by 2027.

The company’s contract chip-manufacturing unit — known as a foundry — is looking to triple its revenue by that year from the 2021 level, Senior Vice President Moonsoo Kang said at a briefing Monday in San Jose, California. To get there, the business will need to make several technological leaps and further inroads into the U.S. market for outsourced chips.

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