ManufacturingSemiconductorsTechnology

Samsung’s 2nm GAA Breakthrough Signals Semiconductor Market Shift, SK hynix Executive Calls It ‘Critical Turning Point’

Samsung has reportedly commenced mass production of 2nm GAA wafers with yields targeting 70%. Company executives express strong confidence in the technology’s potential to reshape the semiconductor landscape, while SK hynix leadership describes it as a critical industry inflection point that could challenge TSMC’s market dominance.

Samsung’s 2nm GAA Technology Reaches Production Milestone

Samsung Electronics has reportedly begun mass production of 2nm Gate-All-Around (GAA) semiconductor wafers in late September, marking a significant advancement in the competitive foundry market. According to reports from the Chosun publication, the technology is initially being deployed for Samsung’s upcoming Exynos 2600 processor, with company executives expressing strong optimism about the node’s performance and yield improvements during recent high-level government meetings.

BusinessManufacturing

Historic Gateshead Steel Plant Ceases Operations Following Administration Move

A historic steel manufacturing plant in Gateshead has abruptly closed after its American-owned operator entered administration. The Union Electric Steel facility, which had operated for more than 150 years, terminated operations despite recent negotiations with unions. Company executives cited high energy costs and reduced demand as contributing factors to the accelerated closure.

Sudden Closure of Historic Steel Facility

A longstanding steel production plant in Gateshead has ceased operations immediately after the company entered administration, according to reports. Union Electric Steel’s only UK facility was originally scheduled to close in spring but accelerated its exit following unsuccessful consultations about continuing production at the site.