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Samsung Electronics will strengthen its automotive semiconductor business, and analysts expect it to build a factory in Europe.

2025-01-22 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)11/24 Report--

October 25 news, according to foreign media reports, in order to overcome the memory chip market downturn on the impact of the semiconductor business sector, Samsung Electronics will target the automotive semiconductor field.

South Korean media said in the latest report that some analysts expect Samsung Electronics, which targets automotive semiconductors, to build automotive chip factories in Europe, where there are several global automakers.

Foreign media mentioned in the report that at the recent technology forum attended by customers and partners, Samsung Electronics has revealed that they will strengthen their automotive semiconductor business.

With the development of electric vehicles and the improvement of automobile intelligence, the demand for semiconductor components is also increasing, and the scale of the automotive semiconductor market is also expanding. Research institutions have said in the report that the size of the global automotive semiconductor market, which was $45 billion last year, is expected to increase to $74 billion by 2026 and more than $100 billion by 2030.

According to foreign media reports, Samsung Electronics, which is vigorously developing its wafer foundry business, may build a fab in Europe, and analysts expect it to be a fab. Foreign media also said in the report that Samsung Electronics, which focuses on investing in advanced process technology of 7nm and below, also plans to invest in mature process technology on a large scale for the production of automotive semiconductors and image sensors.

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