Core Viewpoint - Intel is strategically targeting the South Korean market for its foundry services, particularly aiming to compete with Samsung's wafer foundry business by hosting the Direct Connect Asia event in Seoul [1][2]. Group 1: Event and Strategic Intent - Intel's foundry division will hold the Direct Connect Asia event in Seoul on June 24, marking the first time this event is held outside the U.S. [1] - The event aims to engage with local IC design companies in South Korea that require low-cost advanced process foundry services, indicating Intel's intent to capture market share from Samsung [1][2]. Group 2: Technology and Competitive Landscape - Intel has high hopes for its Intel 18A process technology, which utilizes advanced RibbonFET and PowerVia technologies, and plans to begin mass production in the second half of 2025 [1][2]. - Intel 18A is positioned to compete directly with TSMC's 2nm process technology, showcasing its potential in the foundry market [2]. - Samsung's advanced process technology has lagged behind TSMC, with reports indicating only a 50% yield for its 3nm process and a current 40% yield for its 2nm process, which may hinder its ability to attract large clients [2].