Samsung’s foundry head informed staff that the division is unlikely to return to profitability before 2028.
This updated forecast pushes back previous industry expectations of a turnaround by the third quarter of 2026.
Leadership indicated that reaching profitability remains unlikely even through 2027.
The division faces deep structural challenges despite high demand for Samsung’s separate memory chip business.
These comments arrive as Samsung prepares for its semiannual global strategy meeting.
Rising component costs also pressure the company’s consumer device segments.