Samsung may close around 50% of wafer production lines
Nov.1,2024

Asia Tech Wire (Nov 1) -- Samsung plans to further scale down its foundry production, aiming to reduce operations to around 50% by the end of the year, according to The Chosun Daily.

A report said Samsung's semiconductor division is temporarily shutting down some production lines at its foundries due to weak orders.

Samsung has already shut down more than 30% of its 4-nanometer, 5-nanometer and 7-nanometer production lines at its P2 and P3 plants in Pyeongtaek, the report said, citing sources.

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