Samsung reportedly deepens foundry ties with Elon Musk’s companies as turnaround timeline pushes toward 2028
digitimes.com Jun 16, 2026

Samsung reportedly deepens foundry ties with Elon Musk’s companies as turnaround timeline pushes toward 2028

AI-summarised brief · reviewed before publication

Samsung Electronics is reportedly strengthening its partnership with companies led by Elon Musk, expanding their cooperation beyond semiconductors to electric vehicles and emerging neurotechnology. The move is part of Samsung's turnaround efforts, with a target to achieve profitability by 2028. The partnership aims to leverage Samsung's foundry capabilities and Musk's companies' expertise in electric vehicles and neurotechnology. Details of the agreement remain scarce, but the collaboration is seen as a significant development in the tech industry.

💡 Why It Matters

  • · The partnership underscores Samsung's willingness to diversify its business and adapt to emerging trends, potentially positioning the company for long-term growth.
  • · By tapping into Musk's expertise in electric vehicles and neurotechnology, Samsung may be able to accelerate its entry into these high-growth markets.