Samsung hopes to grab Qualcomm’s 6nm & 7nm chip orders
At present, the global demand for smartphones is weak, and the demand for memory has also dropped significantly, coupled with the fact that the wafer foundry business has successively encountered chip design companies transferring orders to TSMC, Samsung’s semiconductor business can be described as difficult. In the foundry business, in order to narrow the distance with TSMC, Samsung is taking advantage of its group advantages to compete for Qualcomm’s order return.
In Samsung’s financial report for the fourth quarter of 2022, operating profit fell by 69% year-on-year, the continued deterioration of market conditions makes Samsung likely to suffer losses in the first half of 2023, and multiple crises force Samsung to save itself first. According to DigiTimes, Samsung has released very favorable conditions to Qualcomm, and the foundry price will be given a greater discount. It is hoped that Qualcomm will hand over some orders for its Snapdragon 600/700 series chips to Samsung.