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Samsung Hires TSMC Exec for US Foundry - SamMobile - News Directory 3

Samsung Hires TSMC Exec for US Foundry – SamMobile

June 2, 2025 Catherine Williams Tech
News Context
At a glance
  • Samsung is looking to strengthen its position ⁣in the U.S.
  • The move comes as Samsung invests⁣ heavily in its chip manufacturing capabilities,particularly in Taylor,Texas.
  • While TSMC currently holds a commanding lead in the foundry‍ market with 67.1% market ⁤share as of the fourth quarter of 2024, Samsung trails behind at 8.2%.
Original source: sammobile.com

Samsung is aggressively expanding its US foundry operations, and the tech ‍giant has just made a significant move. Discover how Samsung tapped Margaret Han, formerly of TSMC and Intel, to spearhead its US foundry business, signaling a determined challenge to⁣ the current market leader.⁢ Han ⁢brings over two decades of critical industry experience. Samsung’s commitment‍ to the ⁢US market is ⁢significant—a ‍staggering $37 billion investment in its ⁤Taylor, Texas, facilities—geared toward producing advanced 4nm and ⁤2nm chips by late ⁤next year. This strategic ‍appointment is ⁢a clear ⁢indication 0f ⁣Samsung’s ambition to capture a larger share⁢ of the global chip foundry market‍ from Taiwan semiconductor Manufacturing Co. This is just one‍ of the many critically important stories covered in the news; to find more like this from News Directory 3… Discover what’s next for⁣ Samsung’s chipmaking ambitions.

Key Points

  • Margaret han, formerly of TSMC and Intel, joins Samsung.
  • Han will⁣ lead SamsungS ⁢US foundry business expansion.
  • Samsung committed $37 billion to its Taylor, Texas, facilities.
  • The Texas plant aims to produce 4nm and 2nm⁢ chips by late next year.

Samsung Taps ‍Ex-TSMC Executive to Boost US Chipmaking Role

⁣ Updated June⁤ 2, 2025
‍

Samsung is looking to strengthen its position ⁣in the U.S. ‍chipmaking market by appointing Margaret Han, a former executive at Taiwan Semiconductor Manufacturing Co. (TSMC), to lead its foundry business in the United States. Han, who also held a position at Intel, brings‍ more than two decades of experience to Samsung ⁤as it seeks to challenge TSMC’s dominance in the global chip foundry market.

The move comes as Samsung invests⁣ heavily in its chip manufacturing capabilities,particularly in Taylor,Texas. The company has committed $37 billion to build new‍ facilities in the city, focusing on advanced 4nm and 2nm process technologies. Production at the Texas plant ‍is slated to begin by the end of next year.

While TSMC currently holds a commanding lead in the foundry‍ market with 67.1% market ⁤share as of the fourth quarter of 2024, Samsung trails behind at 8.2%. The company hopes Han’s experience in sales, marketing, and business development will help attract new clients and expand its foundry⁢ business, especially among major U.S.-based chip designers.

What’s next

With ⁤Han at the helm, Samsung aims ⁤to accelerate its growth in the U.S. chip manufacturing ‍sector and close the gap with market leader TSMC. The Taylor, texas, plant⁣ will be a key component⁣ of this ⁤strategy, ⁤producing cutting-edge chips for a growing customer base.

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