Samsung plans $116 billion investment in non-memory chips to challenge TSMC, Qualcomm

Wed, 24 Apr 2019 - 10:11 GMT

Samsung Electronics Co Ltd plans to invest $116 billion in non-memory chips through 2030, to cut its reliance on the volatile memory chip market and develop chips to power self-driving cars and AI-enabled devices.

Samsung to triple chip foundry market share with TSMC

Mon, 24 Jul 2017 - 02:33 GMT

Samsung Electronics (005930.KS) plans to triple the market share of its contract chip manufacturing business within the next five years by aggressively adding clients.