Qualcomm in Negotiations with Samsung Electronics for Contract Manufacturing: What It Means for the Chip Industry and Investors

In a major development in the global semiconductor industry, Samsung Electronics and Qualcomm are reportedly in talks over contract manufacturing of advanced chips using the newest two-nanometer process. According to a South Korean newspaper report, Qualcomm’s CEO Cristiano Amon confirmed that among several foundry partners, the U.S. chip designer is initially focused on discussions with Samsung Electronics for potential production of cutting-edge chips in the near future.