Qualcomm has confirmed that Samsung will build its flagship Snapdragon 820 mobile chip. The South Korean powerhouse could pocket over $1 billion from the deal, which would come in fairly handy right about now. Samsung’s had a relatively rough ride recently, financially-speaking, and is looking to explore new profit-boosting avenues.
It’s taken the mantle off Taiwan Semiconductor Manufacturing Co (TSMC), which used to count Qualcomm as its top customer. Samsung is, of course, simultaneously producing its own line of 14nm Exynos chips. The latest of these are claimed to boost processor speed and reduce power consumption by 15 per cent.
Earlier this week, we heard reports that Samsung may rush its foldable phone to market this year, in the hope that it triggers another mad frenzy for high-end smartphones. If the price is right, I’ll be listening. [Reuters]