The company plans to increase its production capacity for advanced chips in the next five years. The company is in a fight with TSMC.

In its Tuesday press release, the company stated that it would expand its production capacity by more than three times by the year 2027. The company plans to introduce two- and four-nanometer processes in the next decade.

The company says it is responding to significant market growth in high- performance computing, artificial intelligence, and automotive applications, which has made innovation in Semiconductor Process Technology critical to the business success of foundry customers.

As part of its strategy to secure customers' trust and support their success, the president and head of the Foundry Business at SAMSUNG ELECTRONICS said that the company has a technology development goal down to 1.4nanometer and specialized platform for each application. Every customer's innovation with our partners has been at the core of our service.

Every customer's innovation with our partners has been at the core of our service.

Concrete plans for specific chips that it plans to build on this process were not included in the announcement. It is important to remember that we may not see products with the same size in the year 2077. How quickly the new transistors are adopted by customers is one of the variables that will affect the timelines. All that is said is that the company will be ready to take customers to a new level of technology.

TSMC is the dominant player in the chip market. The firm used to count Nvidia among its customers, but now uses TSMC's 4nm process for its high-end RTX 40 series. 9to5Mac correctly points out that Apple moved its business to TSMC for the iPhone 7 even though it was a customer before that.

The M2 chips that power recent MacBook models use TSMC's "enhanced" 5nanometer technology, while current rumors suggest that Apple's first 3nanometer MacBooks won't hit shelves until at least 2023 How that will play out in practice remains to be seen, but it is possible that the company could catch up by the year 2027.