Core Viewpoint - TSMC currently lacks strong competitors as it plans to increase its 2nm process output later this year, while Samsung is gradually improving its 2nm GAA technology to compete in the future [1][2] Group 1: Samsung's Strategy and Developments - Samsung has initiated a "select and concentrate" strategy focusing on the 2nm GAA process, aiming to improve its yield to 70%, which is 20% to 30% lower than TSMC's yield [2] - The company expects to achieve mass production by the second half of 2025 and is establishing production lines at its Pyeongtaek factory and other locations [2] - Samsung plans to introduce an improved version of its 2nm GAA node, with the basic design of the second-generation process already completed [2] Group 2: Market Position and Future Outlook - The demand for 2nm GAA wafers is expected to last at least three years, but Samsung must build trust with various industry contracts and may need to offer its wafers at discounted prices to attract customers [1][2] - Despite potential competition in the future, Samsung is currently not in a position to compete with TSMC [2]