With such competitive market, it is very important to release next-generation products first. This is extremely important for the contract chip manufacturers that make chips for various products, as every new node brings further improvements and tends to secure many new contracts.
Earlier this month, IC Insights has reported that Samsung is on track to become the first company to overtake Intel in chip revenue. To assure that really happens, Samsung has now announced that it will be creating separate foundry division to expand dominance in foundry business, one of its fastest-growing businesses.
The division will make mobile chips and other non-memory chips for companies such as Qualcomm, MediaTek, Huawei, NVIDIA and more.
