Samsung Electronics expects to win more customers for advanced logic chips


FILE PHOTO: The logo of Samsung Electronics is seen at the company's store in Seoul, South Korea, April 15, 2025. REUTERS/Kim Hong-Ji/File Photo

SEOUL, April 30 (Reuters) - ⁠Samsung Electronics said on Thursday ⁠it expects to win more deals ‌to manufacture logic chips using its advanced 2 nanometer process in the near future, adding it ​has been in talks ⁠with big tech ⁠customers regarding the foundry contracts.

Samsung, which competes with ⁠TSMC ‌and Intel in the contract chip manufacturing business, said ⁠it is in a preliminary review to ​build ‌a second fab in Taylor in the ⁠U.S. ​state of Texas in line with discussions with customers regarding the potential orders.

The ⁠South Korea company said it ​is on track to start volume production at its first fab in Taylor in ⁠2027 after starting operations this year.

Last year, Samsung secured a $16.5 billion order from Tesla to produce logic chips. In January, ​Korean media reported Samsung ⁠was in talks with Qualcomm and other ​customers regarding the 2 ‌nanometer process.

(Reporting by Hyunjoo ​Jin and Heekyong Yang; Editing by Muralikumar Anantharaman and Christopher Cushing)

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