Samsung Electronics (005930.KS) plans to expand its foundry customer base to roughly four times the level seen when the division was launched, by 2029. The company also aims to shift its portfolio away from mobile toward artificial intelligence and high-performance computing, lifting the HPC share of its foundry business to 66% by 2029.
Noh Mi-jung, a vice president at Samsung Electronics' foundry division, said the number of customers has grown to about three times the level of 2017, when the foundry unit was spun off as a standalone division. "We expect that figure to rise to about four times by 2029," the executive said at an investor presentation during Korea Premium Week 2026, held on the 29th at The Grand Lotte Seoul in Seoul's Jung district.
Alongside the wider customer base, Samsung Electronics is reshaping its foundry revenue mix around AI and HPC. HPC accounted for just 5% of the foundry business in 2017 and now stands at 28%. The company plans to raise that to 66% by 2029.
"By 2029, we expect HPC customers to make up a majority, and for HPC to account for well over half of our revenue mix," Noh said.
The strategy reflects a push by Samsung's foundry operation, long reliant on mobile products such as smartphone application processors, to make demand for high-performance chips including AI accelerators and data center processors its new growth driver.
The company is also aligning its process roadmap with the expansion of HPC customers. Samsung Electronics aims to begin mass production of SF2P, its third-generation 2-nanometer process, in 2028, followed by mass production of SF1.4, a 1.4-nanometer process, in 2029.
Samsung Electronics is expanding U.S. production capacity as well. The company plans to begin initial operations at its first fab in Taylor, Texas, late this year. It also plans to break ground on a second Taylor fab within the year, targeting mass production in 2030.
