Samsung Reportedly in Talks With Google's Waymo for Supply of Autonomous Driving Chip
3 years, 9 months ago

Samsung Reportedly in Talks With Google's Waymo for Supply of Autonomous Driving Chip

News 18  

Samsung Electronics recently won a project for Google parent Alphabet’s autonomous driving unit Waymo to develop chips for next-generation self-driving cars, South Korean media reported on Monday. Samsung will develop a chip that computes data collected from various sensors installed in autonomous vehicles or centrally controls functions by exchanging information with Google data centres in real time, South Korean newspaper Herald Business reported, citing unnamed industry source. Earlier this month, it was reported that Samsung Electronics Co Ltd was considering two sites in Arizona and another one in New York in addition to Austin, Texas, for a new $17 billion chip plant, according to documents filed with Texas state officials. The new plant Samsung plans to build would produce “advanced logic devices" for Samsung’s chip contract manufacturing business, and could create 1,800 jobs, according to previous documents filed with Texas state officials.

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History of this topic

Samsung reports 'major' progress in supply deal for AI chips
1 month, 3 weeks ago

Samsung reports 'major' progress in supply deal for AI chips

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

TSMC, Samsung mull building big chip factories in UAE, WSJ reports
3 months ago

TSMC, Samsung mull building big chip factories in UAE, WSJ reports

Hindustan Times  

Sept 22 - Two of the world's largest chipmakers, TSMC and Samsung Electronics, have discussed building potential chip projects in the United Arab Emirates in coming years which could be worth more than $100 billion, the Wall Street Journal reported on Sunday. HT Image Top executives at TSMC have visited the UAE recently and talked about a plant complex on …

Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets
7 months, 3 weeks ago

Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets

Associated Press  

SEOUL, South Korea — Samsung Electronics on Tuesday reported a 10-fold increase in operating profit for the last quarter as the expansion of artificial intelligence technologies drives a rebound in the markets for computer memory chips. Revenue rose by nearly 13% to 71.9 trillion won, driven by higher prices for memory chips and robust sales of its flagship Galaxy S24 …

Samsung commits to expanding presence in Chinese market
7 months, 3 weeks ago

Samsung commits to expanding presence in Chinese market

China Daily  

South Korean tech company Samsung Electronics showcases its vehicle-mounted products and solutions at the 2024 Beijing International Automotive Exhibition. South Korean technology company Samsung Electronics Co Ltd said it will continue to expand in the Chinese market, bolster the updating and iteration of vehicle-mounted technologies, and improve intelligent driving experience in China. The company has showcased its full range of …

Samsung witnesses new opportunity in AI: Know-how
9 months ago

Samsung witnesses new opportunity in AI: Know-how

India TV News  

Samsung Electronics, the largest memory chip maker in the world has stated that the macroeconomic uncertainties are expected to grow higher by this year itself. In an annual meeting of shareholders Han Jong-hee, Vice Chairman and CEO of Samsung Electronics said, "Although uncertainties in the macroeconomic environment are expected to be high this year, new opportunities will also be increased …

Samsung Expands Facility In Greater Noida, To Start Manufacturing Laptops Next Month: Report
1 year, 2 months ago

Samsung Expands Facility In Greater Noida, To Start Manufacturing Laptops Next Month: Report

ABP News  

With 44 IT hardware manufacturers including global PC makers registering to manufacture laptops, tablets and PCs in India last month, Samsung has become the latest OEM to begin assembling laptops locally, says a report by Mint published on Tuesday. The South Korean tech giant will manufacture close to 70,000 devices at its plant in Greater Noida, Uttar Pradesh which currently …

Google delays release of fully custom phone chip until 2025: Report
1 year, 5 months ago

Google delays release of fully custom phone chip until 2025: Report

The Hindu  

Alphabet Inc.'s Google has delayed the release of a fully custom chip for its Pixel smartphones until 2025, The Information reported on Thursday, citing two people familiar with the matter. Google originally planned to release the chip, internally called Redondo, next year to replace the semicustom chips it currently designs with Samsung Electronics, the report said. Google will stick with …

Samsung Bans Use Of ChatGPT-Like Generative AI Tools On Company Devices
1 year, 7 months ago

Samsung Bans Use Of ChatGPT-Like Generative AI Tools On Company Devices

ABP News  

Samsung is taking action against the usage of generative AI services on company-owned devices, as well as non-company-owned devices running on internal networks. The restriction will be temporary and will last until Samsung develops security measures to create a secure environment for safely using generative AI to enhance employees' productivity and efficiency. According to a memo seen by Bloomberg, Samsung …

Samsung ‘Closely Working’ With Microsoft, Google For Generative AI: TM Roh
1 year, 9 months ago

Samsung ‘Closely Working’ With Microsoft, Google For Generative AI: TM Roh

News 18  

After Google and Microsoft, Samsung is also working on generative AI technology. Samsung global mobile business head Dr. TM Roh during his visit to Samsung India’s R&D facility in Bengaluru confirmed this development. Going forward AI technology will play an important role to advance the smartphone industry," said Dr. TM Roh President & Head of Mobile eXperience Business, Samsung Electronics …

Samsung to invest $230 billion through 2042 in South Korea chipmaking base
1 year, 9 months ago

Samsung to invest $230 billion through 2042 in South Korea chipmaking base

Hindustan Times  

Samsung Electronics Co Ltd on Wednesday said it will invest around 300 trillion won by 2042 to develop what the government called the world's largest chip-making base, in line with efforts to enhance South Korea's chip industry. The amount makes up most of the 550 trillion won in private-sector investment announced by the government on Wednesday, under a strategy that …

Samsung is working on 15 billion USD next-gen chip R&D facility: Know more
2 years, 4 months ago

Samsung is working on 15 billion USD next-gen chip R&D facility: Know more

India TV News  

Samsung Electronics held a groundbreaking ceremony for its new semiconductor research and development complex in Seoul, in a move to bolster its global leadership in cutting-edge chip technology. Samsung plans to invest around 15.06 billion USD by 2028 for the 109,000-square-meter complex within its Giheung campus in Yongin, which is 50 km from the south of Seoul. The ceremony drew …

Samsung Begins 3Nm Chip Production, Could Pull More Customers From TSMC
2 years, 5 months ago

Samsung Begins 3Nm Chip Production, Could Pull More Customers From TSMC

News 18  

SEOUL: Samsung Electronics Co Ltd said on Thursday it has begun mass producing chips with advanced 3-nanometre technology, the first to do so globally, as it seeks new clients to catch far bigger rival TSMC in contract chip manufacturing. The South Korean firm did not name clients for its latest foundry technology, which supplies made-to-order chips like mobile processors and …

Samsung to invest $356 bln over five years in strategic sectors
2 years, 7 months ago

Samsung to invest $356 bln over five years in strategic sectors

The Hindu  

Samsung Group will invest 450 trillion won in the next five years to accelerate growth in semiconductors, biopharmaceutical and other next-generation technologies, Samsung Electronics said. South Korea's top conglomerate said on Tuesday the investments through 2026 are expected to help Samsung drive long-term growth in strategic areas such as the chip sector, while pledging aggressive investments in the biopharmaceutical sector …

Samsung in talks to hike chipmaking prices by up to 20%
2 years, 7 months ago

Samsung in talks to hike chipmaking prices by up to 20%

The Hindu  

Samsung Electronics is in talks with clients about hiking prices for chip contract manufacturing by up to 20% this year, Bloomberg reported on Friday. The move is part of an industry-wide push to raise prices to cover rising materials and logistics costs, Bloomberg said, citing people familiar with the matter. Samsung Electronics is the world's second-largest chip contract manufacturer, after …

Samsung announces $17 billion advanced semiconductor plant in Texas amid worldwide chip shortage
3 years, 1 month ago

Samsung announces $17 billion advanced semiconductor plant in Texas amid worldwide chip shortage

Firstpost  

Samsung has said it will start building the brand-new semiconductor plant in Austin, Texas next year and hopes to begin operations in the second half of 2024. Samsung said it plans to build a $17 billion semiconductor factory outside of Austin, Texas, amid a global shortage of chips used in phones, cars and other electronic devices. “You’re clearly seeing some …

Samsung says it will build $17B chip factory in Texas
3 years, 1 month ago

Samsung says it will build $17B chip factory in Texas

Associated Press  

Samsung said it plans to build a $17 billion semiconductor factory outside of Austin, Texas, amid a global shortage of chips used in phones, cars and other electronic devices. The South Korean electronics giant chose the site based on a number of factors, including government incentives and the “readiness and stability” of local infrastructure, said Samsung Vice Chairman Kinam Kim, …

Samsung to invest $205 billion in tech, robotics, creating 40,000 new jobs
3 years, 3 months ago

Samsung to invest $205 billion in tech, robotics, creating 40,000 new jobs

Firstpost  

The announcement comes just days after Lee Jae-yong, the de-facto leader of the conglomerate, walked out of prison on parole after completing only about half of his jail term. Samsung Group unveiled a $205 billion investment blueprint on Tuesday aimed at making the company a leader in a range of technologies from semiconductors to robotics and creating 40,000 new jobs. …

Samsung boosts non-memory chip investment to $151 billion as South Korea offers bigger tax breaks
3 years, 7 months ago

Samsung boosts non-memory chip investment to $151 billion as South Korea offers bigger tax breaks

Live Mint  

Samsung Electronics on Thursday raised its planned investment in non-memory chips to 171 trillion won through 2030, joining a rush of firms ramping up investments amid a global semiconductor shortage. South Korea on Thursday said it would offer bigger tax breaks plus 1 trillion won in loans for its local chip industry. "Countries around the world have entered fierce competition …

Chips are in short supply. Manufacturers are spending big to prevent a repeat
3 years, 7 months ago

Chips are in short supply. Manufacturers are spending big to prevent a repeat

CNN  

New Delhi CNN Business — As the world grapples with a shortage of semiconductors, South Korea’schipmakers are spending huge amounts of money to shore up their production in the decade ahead. The announcement Thursday from co-CEO and Vice Chairman Park Jung-ho at a government event “demonstrated his strong will that SK Hynix will devote to stabilize the global semiconductor supply …

Samsung considers four sites in U.S. for $17 bln chip plant
3 years, 9 months ago

Samsung considers four sites in U.S. for $17 bln chip plant

The Hindu  

Samsung Electronics Co Ltd is considering two sites in Arizona and another one in New York in addition to Austin, Texas, for a new $17 billion chip plant, according to documents filed with Texas state officials. The tech giant is Samsung is in talks with the sites at Arizona and New York, with each offering property tax abatement and "significant …

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