Samsung is one of the largest semiconductor chip manufacturers on the globe. Though, it lags behind the TSMC (Taiwan Semiconductor Manufacturing Company) in terms of manufacturing capacity and technology. With the ongoing chip shortage, the South Korean company has said it plans to triple its production capacity by 2026.
According to the latest info, Samsung Foundry said it would produce at least another chip-making plant and increase production capacity in existing plants. The move will give the company a better opportunity to compete with market leader TSMC and the new Intel Foundry Services.
The South Korean tech giant has been in discussions with US authorities to expand its industry to Austin, Texas, and to establish another chip manufacturing plant in New York, Arizona, or Texas. However, it has not yet revealed its storage location and plans yet. The company plans to invest more than $150 billion to become the world’s largest semiconductor chip firm.
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Samsung Foundry currently manufactures chips for a variety of customers, including high-end ones such as IBM, Nvidia, and Qualcomm. The company recently announced that it has begun mass production of 4nm chips, and its 3nm chips will be available in the second half of 2022.
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Samsung sold over one million units of The Frame Lifestyle TV in 2021
Recently, Samsung has announced that it has sold one million units of ‘The Frame‘ this year, making it Samsung’s first single-year million-seller in its lifestyle TV lineup. Total sales from the 2017 launch of the frame are expected to exceed two million units by the end of the year, due to huge demand in the North American and European markets.
The frame is the most popular model in Samsung’s lifestyle TV lineup. Since it was first released in 2017, the design, features, and design of the frame have been constantly evolving to reflect the changing tastes and lifestyle needs of the users.
In 2020, Samsung added QLED Picture technology to provide more powerful images. The TV also has a brightness sensor to adjust the brightness level based on the surroundings so that viewers can enjoy fully optimized images and videos. In July 2021, Samsung launched the 85 ”version, so it is now available in five different sizes (32″, 55″, 65″, 75″, 85″) to satisfy different lifestyles and home spaces.
In addition to this, Samsung The Frames Art Store offers over 1,500 artifacts from world-renowned museums and galleries, such as the Hermitage Museum in Russia, the Louvre in France, and the Prado Museum in Spain.
The 2021 version of The Frame offers 500GB with significantly increased storage capacity compared to previous versions offering 500MB. It can now store a maximum of 1,200 photos in 4K resolution so users can choose more art to create their personal gallery.
Samsung managed to reverse its decline and retain top position in MEA smartphone market
According to the latest report from Counterpoint’s Market Monitor Service, the smartphone shipments in the MEA (Middle East and Africa) region increased 1% YY and 7.5% QoQ in Q3 2021, respectively.
Among the major OEMs in the MEA smartphone market, all except Samsung and Xiaomi recorded year-on-year growth. As most of the product availability issues have been resolved, Samsung has bounced back from the lows in Q2. We hope that Samsung will further strengthen its grip at the top of the MEA smartphone table during the busy Q4 shopping season.
Transition brands like TECNO, itel and Infinix are the big winners from this epidemic. Overall, the company increased its market share from 19% in Q3 2020 to 30.5% in Q3 2021 due to strong sales in Africa and successful ventures in other regions.
Oppo and Vivo have also made significant gains over the past year as both brands continue to double their efforts to improve channel entrance and device availability. Xiaomi, which has seen tremendous growth over the past year, fell sharply in Q3 due to severe component shortages and inventory management issues.
It declined for three reasons – first, the performance of premium brands such as Apple and Samsung, whose iPhone 12 and 13 series and Galaxy Z Fold 3 and Flip 3 series were particularly popular in developed GCC (Gulf Cooperation Council) countries; Second, the introduction of new Chinese brands.
And third, Transsion, which dominates the low-cost segment in sub-Saharan Africa, has had initial success due to its branding and portfolio upgrades, providing more sophisticated devices to entry-level customers.
Samsung announced $17 billion advanced chip plant in Taylor, Texas
South Korean tech giant Samsung is set to announce a $ 17 billion state-of-the-art chip plant on 1,200 acres of land in Taylor, Texas. According to the Wall Street Journal, the plant, which makes advanced logic chips used in mobile phones and autonomous vehicles, will add 1,800 jobs to the US economy and be part of a $ 205 billion investment fund. The factory is unlikely to be operational until 2024.
Texas Governor Greg Abbott will make a “financial statement” today confirming the plan. Despite previous reports that the world’s largest memory chipmaker was also looking at sites in Arizona and New York, Samsung took over the Texas offer due to a profitable 90% tax deduction in the first 10 years.
Samsung already has a plant operating in Austin, Texas, but the upcoming plant is also expected to be bigger. Samsung says it has not yet made a final decision regarding location, so it is still possible to change things.
The news comes at a crucial time in the wake of a global semiconductor shortage that will continue until 2023. The Biden administration also sees the region as a major competitor to China. The U.S. share in manufacturing is declining, so the Senate recently approved a 52 billion subsidy for new chipmaking plants.
Samsung sells a lot of chipsets to US customers like Qualcomm and Nvidia and the new chip foundry makes things easier and cheaper for chipmakers. TSMC, one of Samsung’s biggest competitors in space, also has a $12 billion plant that will begin production in Arizona in 2024, while Intel plans for the US for the next 10 years.
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