foundry business – Charm

Samsung Elec signs chip supply deal with Tesla, sources say

Cs news7 months ago04 mins

By Heekyong Yang and Hyunjoo Jin SEOUL (Reuters) -Samsung Electronics has signed a deal to supply chips to Tesla Inc, two people briefed about the matter told Reuters on Monday, in a significant boost to the South Korean tech giant’s loss-making contract manufacturing business. On Saturday, Samsung announced a $16.5 billion chip supply deal with…

Intel’s foundry future depends on securing a customer for next-gen chipmaking tech

Cs news7 months ago06 mins

By Max A. Cherney and Stephen Nellis SAN FRANCISCO (Reuters) -Intel warned investors on Thursday that it may have to get out of the chip manufacturing business if it does not land external customers to make chips in its factories. New CEO Lip-Bu Tan said on Thursday the company’s engineers were busy working with customers…