Samsung Foundries plans to triple market share in the next five years

Enlarge / Samsung's chip manufacturing business goes way beyond Exynos. (credit: Samsung)

A report from Reuters says Samsung Electronics plans to "triple the market share" of its foundry business over the next five years. Samsung plans to "aggressively add new clients," with E.S. Jung, head of the Samsung foundry division, telling Reuters, "We want to become a strong No. 2 player in the market" behind TSMC.

In May, Samsung officially created a new business unit for its growing foundry operations. The business unit will fight TSMC and Intel for orders from Apple, Qualcomm, and other SoC vendors.

Despite the recent creation of the business unit, Samsung has been doing foundry work since 2005 and is a major player in the high-end SoC space. It exclusively manufactures the Qualcomm Snapdragon 835, which goes into nearly every high-end Android phone. Samsung's foundry has also done business with Apple in the past, but for the A10 SoC, Apple went exclusively with TSMC.

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