Qualcomm Negotiates Contract Manufacturing Deal with Samsung, Reports South Korean Newspaper
Qualcomm is currently engaged in negotiations with Samsung Electronics regarding a contract manufacturing agreement for advanced two-nanometre chips. This information was disclosed by Qualcomm’s CEO, Cristiano Amon, in an interview with the Korea Economic Daily.
Details of the Qualcomm and Samsung Negotiations
According to Amon, Qualcomm is prioritizing discussions with Samsung among other semiconductor foundry firms. The collaboration aims at utilizing the innovative two-nanometre process for chip production, which has the potential to revolutionize the market.
Progress and Timeline
The design work for this project has already been completed, indicating that commercial production may begin in the near future. Qualcomm has not released a detailed comment, as the company was unavailable for inquiries outside of normal business hours.
Samsung Electronics’ Business Landscape
Samsung Electronics has recently focused on enhancing its foundry business, which has faced challenges in profitability. Jun Young-hyun, the company’s co-CEO and chip chief, stated that new supply agreements with significant clients have positioned the foundry sector for substantial growth.
- Samsung secured a significant $16.5 billion deal with Tesla in July.
- Recent developments suggest an optimistic outlook for Samsung’s foundry operations.
As negotiations proceed, both Qualcomm and Samsung are poised to make meaningful advancements in chip technology and manufacturing capabilities that may shape the future of the semiconductor industry.
