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Samsung intensifies chip wars; invests $116 billion into business

South Korea's biggest company will mass-produce 3-nanometer chips in 2022, a senior executive at its foundry division told attendees at an invite-only event last month

Chip, microchip, semiconductor, electronics
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If Samsung succeeds, that will be a breakthrough for its ambition to become the chipmaker of choice for the likes of Apple and Advanced Micro Devices that now rely on foundries like TSMC

Sohee Kim | Bloomberg
Samsung Electronics is pouring $116 billion into its next-generation chip business that includes fabricating silicon for external clients, betting it can finally close the gap on industry leader Taiwan Semiconductor Manufacturing  as soon as two years from now.

South Korea’s biggest company will mass-produce 3-nanometer chips in 2022, a senior executive at its foundry division told attendees at an invite-only event last month. That target, which hasn’t previously been reported, means it’s on a path to start churning out the industry’s most advanced semiconductors the same year as its Taiwanese rival expects to pass that milestone. Samsung is already developing

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First Published: Nov 18 2020 | 12:04 AM IST

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