Qualcomm talks with Samsung Electronics on two-nanometre chip manufacturing, report says

Reuters reported that Qualcomm is in talks with Samsung Electronics over contract manufacturing of two-nanometre chips, and that Qualcomm has completed design work aimed at near-term commercialisation; both companies gave limited comment.

Reuters reported on Jan. 7 that Qualcomm is in talks with Samsung Electronics about contract manufacturing of two-nanometre chips. The Korea Economic Daily was cited as the source for comments attributed to Qualcomm CEO Cristiano Amon. The article said Qualcomm has completed design work with a view to near-term commercialisation. Qualcomm was not immediately available for comment outside regular business hours and Samsung said it does not comment on specific customers. Known details: - The Korea Economic Daily was cited as quoting Qualcomm CEO Cristiano Amon about talks with Samsung Electronics. - The talks are reported to concern contract manufacturing using a two-nanometre process. - The report said Qualcomm’s design work for the chips is already completed and aimed at commercialisation in the near future. - Qualcomm did not immediately comment; Samsung Electronics declined to comment on specific customers. - Reuters also noted Samsung’s co-CEO and chip chief, Jun Young-hyun, recently said the company’s foundry business was "primed for a great leap forward," and referenced a $16.5 billion deal Samsung signed with Tesla in July. Summary: The report links Qualcomm’s discussions with Samsung to supply arrangements for leading-edge chip production and notes completed design work aimed at commercialisation. Undetermined at this time.