Samsung Electronics Co has begun building a cutting-edge chip production line intended to help it take on Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) in the business of making chips for external clients.
South Korea’s largest company said it has started construction on a 5-nanometer (nm) fabrication facility in Pyeongtaek dedicated to its made-to-order foundry business, an arena TSMC dominates.
Based on the extreme ultraviolet lithography (EUV) process, Samsung expects the fab’s output to go toward applications from 5G networking to high-performance computing from the second half of next year, it said in a statement yesterday.
Samsung, the world’s largest maker of computer memory, smartphones and displays last year, outlined its aim of spending US$116 billion to compete with TSMC and Intel Corp in contract chipmaking, supplying customers such as Qualcomm Inc or Nvidia Corp.
Its announcement coincided with the announcement of restrictions on the sale of semiconductors made with US equipment to China’s Huawei Technologies Co (華為), a constraint that threatens more than one-10th of TSMC’s business.
“This will enable us to break new ground while driving robust growth for Samsung’s foundry business,” ES Jung, head of the contract chipmaking division, said in a statement.
Samsung first unveiled its expansion blueprint in April last year, outlining at the time its goal of hiring thousands and ramping up investment in logic chips in the years leading up to 2030.
That initiative arose as sales of smartphones and consumer electronics plateaued and competition from Chinese rivals depressed margins.
EUV is the latest and most advanced chipmaking method, requiring machines costing tens of millions of US dollars, and delivering better precision and performance in the chips it produces.
TSMC and Samsung, through its spending plan, are the leaders in developing that process and expanding into 5nm and smaller manufacturing nodes.
Before the COVID-19 outbreak, Samsung had begun collaborating with major clients on designing and manufacturing custom chips and that work was already starting to add to its revenue, a Samsung executive has said.
Its newest fab in Pyeongtaek joins another 5-nanometer facility in Hwaseong that is to begin production in the second half of this year.
JPMorgan Chase & Co chief executive officer Jamie Dimon on Tuesday quipped that his company is likely to outlast the Chinese Communist Party (CCP), while reiterating the bank’s commitment to the country in wide-ranging comments that also touched on Taiwan, free speech and former US president Donald Trump. “We hope to be there [in China] for a long time,” Dimon told a panel discussion at the Boston College Chief Executives Club. Relaying a “joke” he made during a recent visit to Hong Kong, he said “The communist party is celebrating its 100th year. So is JPMorgan. And I’ll make you a
The Kaohsiung City Government yesterday said it would impose a property hoarding tax as it is seeking to contain speculation in the real-estate market, calling recent price increases “abnormal.” The announcement came in support of the Ministry of Finance’s call for local governments to levy a high tax rate on people with more than one property. Ministry officials on Tuesday discussed strategies to rein in speculation with the nation’s six special municipalities, as well as the Hsinchu city and county governments. About 84,000 out of 1.06 million housing units in Kaohsiung are not residential property, the city government said in a
BOOST EXPECTED: Higher market prices would offset effects of the industry’s transition to more climate-friendly production methods, a company official said China Steel Corp (CSC, 中鋼) expects steel demand to increase on the back of governments around the world subsidizing infrastructure construction amid a stabilizing COVID-19 pandemic, CSC chairman Wong Chao-tung (翁朝棟) told an investors’ meeting yesterday. “After getting through the hard times, I foresee at least one year, very possibly two years, of strong steel market,” Wong said. Calling a dip in steel prices a “short respite for the market,” Wong said that it would likely bounce back early next year on the back of mild winter temperatures around the world allowing construction activity. Despite COVID-19 spikes in some regions and increased
The US$410 DeliSofter pot looks much like the rice cookers ubiquitous in Japanese households and it does prepare rice in 24 minutes. However, this invention of two Panasonic Corp engineers is designed to do more and help people with swallowing difficulties. The two women led the creation of a spin-off company, Gifmo Co, to sell the specialized steam cooker, which they say can turn fried chicken soft enough to be sliced with a potato chip. The machine works by first cutting into food with a series of blades and then subjecting it to extremely high pressure at a temperature of 120°C,