HomeNewsIndia NewsNew Contract Chip Manufacturing Division Samsung Semiconductors

    New Contract Chip Manufacturing Division Samsung Semiconductors

    Samsung Electronics Co Ltd. Has recently formed a new division within its semiconductor business exclusively for contract chip manufacturing, as the firm aims to attract more customers.

    The new division will be responsible for making mobile processors and other non-memory chips for clients such as Qualcomm Inc and Nvidia Corp, competing with firms such as Taiwan Semiconductor Manufacturing Co.

    It will continue to be overseen by Kim Ki-nam, Samsung’s president overseeing all chip businesses.

    The move is unlikely to surprise. Analysts had speculated that the firm would eventually split apart its foundry and system chip operations to make them more efficient and ease concerns from customers about potential leaks to parts of Samsung that compete with them.

    Although revenue from the foundry business remains a small portion of Samsung’s overall sales, it has seen sharp growth. Research firm IHS estimates Samsung’s foundry revenue rose 86 percent to $4.7 billion in 2016.

     

    ELE Times Bureau
    ELE Times Bureauhttps://www.eletimes.ai/
    ELE Times provides a comprehensive global coverage of Electronics, Technology and the Market. In addition to providing in depth articles, ELE Times attracts the industry’s largest, qualified and highly engaged audiences, who appreciate our timely, relevant content and popular formats. ELE Times helps you build awareness, drive traffic, communicate your offerings to right audience, generate leads and sell your products better.

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Related News

    Must Read

    Top 10 Reinforcement Learning Companies in India

    Reinforcement learning (RL), a subfield of machine learning in...

    Reinforcement Learning Definition, Types, Examples and Applications

    Reinforcement Learning (RL), unlike other machine learning (ML) paradigms,...

    Infineon drives industry transition to Post-Quantum Cryptography on PSOC Control microcontrollers

    Infineon Technologies AG announced that its microcontrollers (MCUs) in...

    Decision Tree Learning Definition, Types, Examples and Applications

    Decision Tree Learning is a type of supervised machine...

    Renesas Introduces Ultra-Low-Power RL78/L23 MCUs for Next-Generation Smart Home Appliances

    Ultra-low-power RL78/L23 MCUs with segment LCD displays & capacitive...

    STMicroelectronics Appoints MD India

    Anand Kumar is the Managing Director of STMicroelectronics (ST),...

    Top 10 Federated Learning Applications and Use Cases

    Nowadays, individuals own an increasing number of devices—such as...

    Top 10 Federated Learning Companies in India

    Federated learning is transforming AI’s potential in India by...