Qualcomm is exploring a major step in next-generation semiconductor production, holding discussions with Samsung Electronics over contract manufacturing of cutting-edge two-nanometre chips. The talks signal Qualcomm’s intent to secure advanced foundry capacity as it prepares to commercialise designs built on the latest process technology. Qualcomm CEO Cristiano R. Amon confirmed the discussions, indicating that the company is prioritising engagement with Samsung as it evaluates partners capable of delivering at the two-nanometre node.
Speaking to the Korea Economic Daily, Amon said Qualcomm is holding talks first with Samsung Electronics, among several semiconductor foundry firms, about contract manufacturing using the latest two-nanometre process, adding that design work has already been completed for near-term commercialisation. The statement suggests that Qualcomm is moving beyond early research and closer to production timelines, reflecting rising demand for more power-efficient and higher-performance chips across smartphones, AI, automotive, and connected devices.
For Samsung Electronics, the potential partnership comes at a critical moment. The company has been investing heavily to strengthen its contract chipmaking business, which has faced challenges in recent years. Samsung Electronics’ co-CEO and head of its semiconductor division, Jun Young-hyun, said last week that recent supply agreements with major customers had left its loss-making foundry operation “primed for a great leap forward.” Securing a high-profile customer like Qualcomm for two-nanometre manufacturing would further reinforce Samsung’s ambitions to compete more aggressively with rival foundries at the leading edge.
The discussions also follow Samsung’s $16.5 billion semiconductor supply deal with Tesla, signed in July, which underscored renewed momentum in its advanced manufacturing push. Together, these developments highlight Samsung’s efforts to rebuild confidence among global chip designers and expand its footprint in next-generation nodes, where performance gains and energy efficiency are increasingly critical.
For Qualcomm, diversifying manufacturing partners and gaining early access to two-nanometre production could provide a strategic edge as competition intensifies in premium chip segments. The move reflects a broader industry race to secure advanced fabrication capacity amid tight supply and rising geopolitical and technological pressures. While no formal agreement has been announced, the ongoing talks underline how both companies are aligning their strategies around the future of high-performance, energy-efficient semiconductors.
