Samsung wins Qualcomm order to produce affordable 5G chips

Samsung Electronics has won an order from Qualcomm to manufacture mobile application processors for affordable 5G smartphones for the latter as reports. Samsung Electronics is also stepping up its pace into the industry.

Samsung is likely to become the manufacturer of Qualcomm’s 5G version of the Snapdragon 4 series processors. This chip is expected to be available next year. The mobile phone manufacturers such as Xiaomi, OPPO, and Motorola have decided to use Qualcomm’s new chipset in their new devices.

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Samsung has recently won OEM deals from several leading companies. Last month, Samsung Electronics announced the production of IBM’s Power 10 chip. Earlier this month, industry sources revealed that Samsung will be building Nvidia’s newest RTX3000 series image processors.

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As the largest memory chip producer in the world, Samsung is far behind TSMC in the foundry market. Samsung’s market share in the global foundry industry is expected to reach 17.4 percent this year, with TSMC maintaining a market share of 53.9 percent, according to market research firm Trendforce.

Samsung has decided to invest 133 trillion won (US$112 billion), to become the world’s number one logic chip manufacturer by 2030.