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Exclusive-Samsung delays taking deliveries of ASML chip gear for its new US factory, sources say

Channel News Asia LogoChannel News Asia4h ago

Exclusive-Samsung delays taking deliveries of ASML chip gear for its new US factory, sources say - Channel News Asia

Quick Summary:

SEOUL : Samsung Electronics has postponed taking deliveries of ASML chipmaking equipment for its upcoming factory in Texas as it has yet to win any major customers for the project, three people familiar with the matter said.

Samsung is also losing ground in its core memory chip market, with SK Hynix outshining it to become the most dominant supplier of pricey high-bandwidth memory (HBM) chips used to build Nvidia's AI chipsets.

It underscores the widening gulf between Samsung and rivals such as TSMC and SK Hynix which are ramping up production of high-end chips to cater to booming demand from artificial intelligence applications.


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Exclusive-Samsung delays taking deliveries of ASML chip gear for its new US factory, sources say - Channel News Asia (Picture 1)Exclusive-Samsung delays taking deliveries of ASML chip gear for its new US factory, sources say - Channel News Asia (Picture 2)

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-18 @ 13:50:23 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 1014 words

Reading Time: 6 minutes read

Sentences: 38 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 23116024

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 49 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

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