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.
In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.