Samsung Elec says it started mass production of 10-nanometre chips
- Major stock indexes rise again to new records
- Unusual 11 Mid-Day Movers 12/8: (COOL) (TLRD) (DRAM) Higher; (SHIP) (OHRP) (MLSS) Lower
- Third-Party Said Interested in PrivateBancorp (PVTB) as CIBC (CM) Deal is Delayed
- Insys Therapeutics (INSY) Sinks as Former Employees Arrested in Racketeering Scheme
- Lower for longer, ECB scales back asset buys
The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, July 4, 2016. REUTERS/Kim Hong-Ji/File Photo
Get the Pulse of the Market with StreetInsider.com's Pulse Picks. Get your Free Trial here.
SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd said on Monday its system chips business has started mass production of semiconductors using 10 nanometer technology, adding it was the first company in the industry to do so.
Samsung said in a statement a tech product launching early next year will use chips made with its 10-nanometre production technology without specifying the device.
South Korea's Electronic Times reported this month that Samsung will be the sole contract manufacturer of Qualcomm Inc's high-end Snapdragon 830 chips using 10-nanometre production technology and these processors will be used in half of Samsung's next Galaxy S smartphones expected to launch in early 2017.
(Reporting by Se Young Lee; Editing by Edwina Gibbs)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Mexican authorities find 110 migrants trapped in truck
- U.S. carriers see 3.5 percent bump in 2016 winter holiday flying
- Thousands of Kenyan single mothers, widows use mobile money to escape poverty
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!