Samsung Electronics Co Ltd's semiconductor manufacturing divisi...
But much of Samsung’s semiconductor revenue historically has come from memory chips, whose prices can swing wildly as supply and demand fluctuate. In an attempt to cut its reliance on that volatile market, Samsung announced a plan last year to invest $116 billion in non-memory chips through 2030.
The Qualcomm win could boost Samsung’s foundry business because the X60 modem is likely to be used in many mobile devices as they shift to 5G. In the fourth quarter of 2019, Samsung had 17.8% market share versus TSMC’s 52.7%, according to data from TrendForce. The Taiwanese company was faster to ramp up high-volume production of chips using the previous 7-nanometer manufacturing process, winning customers such as Apple Inc .
Asked during a January investor conference call how Samsung will compete with TSMC, Shawn Han, senior vice president at Samsung Foundry, said the company planned to expand 5-nanometer mass production by “diversifying customer applications” this year.
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