Samsung’s US foundry operations are set for a significant boost with a key strategic appointment. The company has brought in a highly experienced executive who previously held senior roles at industry rivals Intel and TSMC. This move signals Samsung’s strong intent to bolster its semiconductor manufacturing presence in the United States.
The new head of Samsung’s US foundry business brings a wealth of leadership and technical expertise gained from years within the top ranks of competitor organizations. Their background spans crucial areas of chip manufacturing and operations, making this a pivotal hire as Samsung expands its capabilities and pursues major projects, including those potentially benefiting from government incentives like the CHIPS Act.
This appointment is seen as a strategic play to leverage external know-how and drive innovation and efficiency in Samsung’s growing US facilities. Integrating experience from both Intel and TSMC into Samsung’s structure could provide a unique perspective on overcoming challenges and accelerating growth in the highly competitive US market for advanced chip production. It underscores Samsung’s commitment to becoming a dominant player in the global, and specifically the US, foundry landscape.
Source: https://www.datacenterdynamics.com/en/news/former-intel-and-tsmc-exec-to-lead-samsungs-us-foundry-business/
