Samsung is now officially a foundry, spins off chip making into separate business
Analysts and those observing Samsung's success with chip making have been thinking along the same lines for a long time, so the news hardly comes off as surprising at all. Although foundry operations make a relatively small percentage of Samsung's overall revenue, it's one of its fastest-growing businesses. IHS analysts estimated an 86% year-over-year growth for it in 2016.
Let's wish Samsung's chip foundry smooth sailing and may many fine chipsets descend from its production lines!