📊Executive Summary

Recent reports indicate that Samsung Electronics' Chairman Lee Jae-yong visited Taiwan to meet with MediaTek, aiming to secure the company as a customer for its wafer foundry services. This move comes as Samsung seeks to replicate its successful memory and foundry model, offering to absorb some manufacturing costs to entice MediaTek. The meeting is significant as it highlights Samsung's strategy to diversify its customer base and reduce reliance on TSMC, especially in light of geopolitical tensions affecting the semiconductor supply chain. This could have implications for procurement strategies, particularly for companies dependent on TSMC for advanced process nodes....