Bloomberg:
Samsung unveils a roadmap for mass production of advanced chips, with its second-generation 3nm chips coming in 2024, 2nm chips in 2025, and 1.4nm chips in 2027 — Samsung Electronics Co. announced an aggressive five-year plan to lure US chip buyers with more advanced technology …
Alexandra Muller / Bloomberg:
A wave of foreign buyers are planning to acquire fast-growing British tech companies, including Micro Focus, Avast, and Darktrace, thanks to a weakened pound — A wave of foreign buyers is coming after British technology companies, threatening to rob the UK market of what little exposure it still has to high-growth assets.
Munsif Vengattil / Reuters:
Samsung launches a co-branded credit card with Axis Bank in India, where it has 175M customers, offering 10% cashback to customers buying Samsung products — Samsung Electronics (005930.KS) is targeting repeat purchases from its 175 million customers in India through a new cashback credit card …
Bloomberg:
Sources: TSMC will make advanced 4nm chips when its ~$12B Arizona plant opens in 2024, an upgrade to prior 5nm claims, at the urging of Apple, AMD, and others — Taiwan Semiconductor Manufacturing Co. will offer advanced 4-nanometer chips when its new $12 billion plant in Arizona opens in 2024 …
Asa Fitch / Wall Street Journal:
In a staff letter, Intel CEO Pat Gelsinger says the company plans to create greater decision-making separation between its chip design and chip production arms — New structure allows the company’s chip-making factories to work like contract operations — Intel Corp. INTC -0.63%▼ …
Sohee Kim / Bloomberg:
Samsung Electronics formally names de facto leader Jay Y. Lee executive chairman; his ascension had been delayed by graft investigations and two stints in jail — Samsung Electronics Co. named Jay Y. Lee executive chairman of South Korea’s largest company, finalizing a long-anticipated elevation …
Wall Street Journal:
Sources: TSMC plans to announce a second chipmaking factory north of Phoenix, Arizona, in the coming months, investing roughly $12B and aiming to make 3nm chips — New facility would produce cutting edge 3-nanometer semiconductors — Taiwan Semiconductor Manufacturing Co. …
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