Samsung has denied claims it will spin off its foundry business as a separate entity amid increasing competition and consecutive financial losses.
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TSMC, the world's leading foundry, is planning to charge up to 30% more for chips made in the U.S. than those made in Taiwan due to higher building costs of fabrications outside of Taiwan.
Over 2,000 global partners and customers are expected to attend Samsung's multi-day virtual event, SFF, with a theme "Adding One More Dimension," which will show Samsung's work in the foundry market.
Samsung has announced that it's expanding its foundry capacity by opening up a new line in Pyeongtaek, Korea. The hardware produced there will be used for 5G, HPC, and AI solutions.
Samsung Foundry and Arm are expanding their partnership by producing Arm Cortex-A76 CPUs that posses 3GHz+ computing power and are based on the 7/5-nm FinFET process. The CPUs will be ready in 2019.
