LG to use Samsung foundry for AI home appliance chips in shift away from TSMC

LG Electronics plans to have Samsung Electronics manufacture AI chips for home appliances as it seeks to reduce its reliance on Taiwan Semiconductor Manufacturing Co. (TSMC). CoAsia SEMI will develop two Internet of Things, or IoT, chips for LG under a project with a total cost of KRW 31 billion, equivalent to about RMB 151 million in the source report. The project is scheduled to run from July 2026 through December 2030. According to ChainCatcher, the work falls under the South Korean government’s "K-On-Device AI Semiconductor Technology Development" program, which carries a total budget of about KRW 800 billion. The report did not provide additional technical specifications for the chips or production timelines beyond the dates and budget figures already disclosed.