Core Insights - Samsung's foundry business is a crucial foundation for its overall operations, having started in 2005 with minimal revenue compared to TSMC, but achieved significant milestones by adopting advanced technologies [1][2] - Despite initial successes, Samsung faced setbacks due to aggressive strategies that led to quality issues and loss of trust among fabless clients, resulting in a decline in market share [2][3] - The company is now focusing on a strategic overhaul, emphasizing stability and yield improvement in its 2nm process technology, which is seen as a critical step for recovery [4][5] 2nm Process Development - Samsung is betting all resources on the 2nm process starting in 2024, shifting its strategy to prioritize stability and yield improvement over aggressive market positioning [4] - The new 2nm process utilizes an upgraded MBCFET architecture, which significantly enhances transistor performance and reduces power consumption compared to traditional FinFET technology [4][5] - Initial yield rates for the 2nm process were low but have improved significantly, reaching 50%-60% by 2025, which is essential for commercial viability [6] Capacity Expansion - Samsung plans to establish a 2nm production line in its Hwaseong S3 factory, aiming for a monthly output of 7,000 wafers by Q1 2025, with further expansions planned in the U.S. [7] - The company is developing multiple versions of the 2nm process to cater to different market needs, including high-performance computing and automotive electronics [7] Strategic Shift to Physical AI - Samsung is strategically pivoting towards the emerging physical AI market, where it sees greater opportunities compared to the highly competitive data center AI segment dominated by TSMC [8][9] - The company aims to leverage its flexible pricing and supply strategies to attract clients in the cost-sensitive physical AI sector, particularly in automotive applications [9][10] Client Ecosystem Diversification - Samsung is restructuring its client base to include a wider range of customers, from large tech giants to small fabless companies, to adapt to the changing AI semiconductor market [11][12] - The company has successfully secured automotive semiconductor orders, which not only boost revenue but also validate its capabilities in the physical AI domain [10][13] Competitive Differentiation - Samsung is focusing on differentiated strategies to compete with TSMC, particularly in mature process markets and advanced packaging technologies [15][16] - The company's vertical integration allows it to offer comprehensive solutions that reduce total cost of ownership (TCO) for clients, enhancing its competitive edge in emerging markets [17][18] Conclusion - Samsung's transformation story reflects its efforts to adapt to technological setbacks and market dynamics, with recent successes in automotive semiconductors and a diversified client ecosystem indicating progress [18]

公众号记得加星标⭐️，第一时间看推送不会错过。 对于三星电子而言，代工业务是整个大厦不可缺少的地基之一。 故事始于 2005 年，彼时三星开始开放晶圆代工，但在这一市场中，当时的它不过是个年营收不足 4 亿美元的门外汉，与同期营收逼近百亿的台积电相比，渺小得几乎可以忽略不计。 然而，三星凭借着惊人的魄力，在 2014 年上演了半导体史上最精彩的弯道超车—— 它力排众议，跳 过 20nm 节点，率先量产 14nm FinFET 工艺，一举击败还在 20nm 泥潭中挣扎的台积电，抢下高通 骁龙 820 等重磅订单，甚至迫使苹果在 A9 芯片上采用双代工"策略。 三星采用的MBCFET结构以水平堆叠的矩形纳米片为沟道，相较于纳米线结构，纳米片宽度可灵活调 整，电流驱动能力比FinFET提升约30%，更适配AI加速器、高性能计算等高端场景需求。为进一步 强化性能，2nm工艺的MBCFET将堆叠层数提升至4片，驱动电流密度得到显著增强。 在核心架构之外，三星针对关键环节持续攻坚：通过采用单晶粒金属材料降低电阻，引入直接蚀刻金 属互连技术优化金属层堆栈，其还在2024年2月与Arm达成合作，共同优化基于GAA技术的下一代 ...