Overview

• Samsung disclosed in a July 28 regulatory filing that the foundry contract began last Thursday and extends through Dec. 31, 2033.
• The 22.76 trillion won agreement represents 7.6 percent of the company’s 300.9 trillion won in revenue for 2024.
• Details including the client’s identity and deal conditions are sealed until Jan. 2, 2034, at the contracting party’s request.
• The company advised investors to exercise caution over possible deal volatility and the risk that the long-term agreement could be canceled.
• In preliminary second-quarter results, Samsung reported 74 trillion won in revenue, down 0.09 percent year-on-year, and 4.6 trillion won in operating profit, down 55.94 percent.