Samsung expands chipset business to support progress over competition

Samsung

Samsung expands chipset business to support progress over competition

Samsung is trying to expand its influence in the chipset industry by expanding to California and targeting an expansion in logic chips to complement memory chips. According to Kim Ki Nam, head of Samsung’s logic chip business, the tech giant will try to sell more chipsets to other companies rather than prioritize its own, which basically means that they’re going to focus on technological advancements rather than be more competitive.

Right now, the company is the #1 supplier of TVs and liquid-crystal displays among many other things. Here’s what Kim Ki Nam had to say about this matter:

WE BELIEVE WE HAVE PLENTY OF ROOM TO GROW. IF YOU HAVE A FAB (PLANT) TO OPERATE IT DOESN’T MATTER WHETHER YOUR CUSTOMER IS INTERNAL OR ON THE OUTSIDE. WHOEVER BUYS OUR CAPACITY IS THE PRIMARY CUSTOMER.

Santa Clara in California is also now hosting a new chip research and design center, which is a one million square-foot structure built near some big headquarters such as Intel’s and Cisco Systems Inc’s. While Samsung has been losing money for a while now, their chipset industry has certainly advanced, increasing sales and revenue. They’re currently right behind Intel in the production of chips, but it’s been growing at a very fast pace, so things are likely to get better.

Source:http://bit.ly/1LWQe6y

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