Samsung unveils foundry future as it gets ready for the 'AI era'
JHVEPhoto/iStock Editorial via Getty Images

Samsung (OTCPK:SSNLF) announced expansion plans for its semiconductor foundry unit on Wednesday, with an emphasis on leading edge processors.
At the company's 7th annual Samsung Foundry Forum, the South Korean tech giant said it would start applications of its 2 nanometer process for mobile apps, occurring in 2025, with expansion to high performance computing in 2026 and automotive in 2027.

Samsung (OTCPK:SSNLF) also said that it would start foundry services for 8-inch gallium nitride (GaN) power semiconductors targeting consumer, data center and automotive applications in 2025.
The company said its 5 nanometer process for radio frequency is under development and will be available in the first half of 2025 and automotive applications are coming to 8 and 14 nanometer radio frequency processes.
Samsung (OTCPK:SSNLF) also said it was expanding its chip manufacturing capabilities, bringing on new lines in previously announced areas in South Korea and Texas.
South Korean-based Samsung (OTCPK:SSNLF) competes with Taiwan Semiconductor (TSM) and GlobalFoundries (GFS) in the industry and builds chips for companies such as Qualcomm (QCOM), IBM (IBM), Apple (AAPL) and others.