Samsung challenges global chip shortage with plan to triple foundry efforts

[Windows Central]

Where others see a shortage, Samsung sees opportunity.

[h=2]What you need to know[/h]

• The global chip crisis is incentivizing companies such as Intel and Samsung to up their output.
• Samsung in particular, fresh off a financially successful quarter, has announced that it plans to triple its foundry capacity between now and 2026.

Samsung, fresh off its declaration of healthy third-quarter earnings, announced it plans to pump up foundry production capacity to triple what it is today. That plan is set to take place over the next half-decade, reaching fruition by 2026.

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