Samsung's Foundry division lost over a billion dollars last quarter and has shut 50% of its production capacity, but the conglomerate still has a burning desire to compete against TSMC in the lucrative contract chipmaking industry.
To that end, it's keeping up with significant investments in the foundry arm, particularly for the new chip plants that it's building in the United States. The latest Samsung US job openings are aimed at hiring the best talent that can help the company return the division to growth.
Hiring push comes amid turbulent times for the foundry
Samsung is actively recruiting new talent to staff its chip plants in the US. A latest job listing in South Korea seeks a senior manager of foundry customer engineering who will be based in Silicon Valley. The chosen candidate, who should have a Ph.D. in electrical engineering or physics, will receive a salary of up to $282,900.
The listing mentions that candidates should have 10 years of industry experience. They will be required to work closely with the foundry's clients to assist them across all stages of the production process, including onboarding and product manufacturing.
This latest Samsung US job listing follows the recent hiring of more senior sales executives based in Silicon Valley to acquire new customers for the foundry. Samsung has also launched a hiring drive in Germany where key manufacturing firms are located. This hiring push comes amid global layoffs as Samsung sees enhancing the foundry's sales capacity as crucial to its growth objectives.
However, the opening of a new chip factory that it has set up in the United States at considerable cost has reportedly been delayed by two years from the end of this year to 2026 due to ongoing challenges. It's believed that while there are calls internally to scale back the business, Samsung is content with simply adjusting the pace as opposed to any major rollbacks.
