According to insider information, in January, Samsung began a detailed audit of its System LSI division, which is responsible for chip development. After its completion, a similar review is planned for the contract semiconductor (foundry) manufacturing division.
This step marks the first major internal review since the establishment of the special management audit department in November 2023. The new department was created to support businesses facing difficulties.
Experts believe that the audit could lead to a significant overhaul of Samsung’s strategy in system chip production. This segment was identified by the company’s chairman, Lee Jae-yong, as one of the key growth areas back in 2019 as part of the “System Semiconductor Vision 2030” initiative. However, despite the investments, the company has not yet been able to catch up with leading competitors.
