Samsung Electronics' Foundry Division Expected to Turn Profitable in Q3

According to Korean media reports citing industry sources, thanks to Samsung Electronics' advanced 2nm process technology and increased output of HBM chips, coupled with improved yield rates and large-volume orders, the foundry division is expected to turn a profit as early as the third quarter of this year. This moves up its profitability target from the original timeline of late this year or next year. After posting trillions of won in cumulative losses since 2022, the division may return to profitability for the first time in roughly four years.