📊Executive Summary

Recent reports indicate that Lee Jae-yong, Chairman of Samsung Electronics, visited Taiwan to meet with MediaTek in an effort to secure MediaTek as a customer for its foundry services, particularly for advanced 2nm processes. Samsung is looking to replicate its successful memory and foundry model by offering incentives such as absorbing some manufacturing costs. This move comes as Samsung aims to diversify its customer base and reduce reliance on TSMC amid ongoing geopolitical tensions in the Taiwan Strait. The implications for procurement teams are significant, as this could shift the competitive landscape in semiconductor sourcing and manufacturing....