Samsung Elec starts 3-nanometre chip production to lure new foundry customers

SEOUL, June 30 (Reuters) – Samsung Electronics Co Ltd (005930.KS) said on Thursday it has begun mass producing chips with advanced 3-nanometre technology, the first to do so globally, as it seeks new clients to catch far bigger rival TSMC (2330.TW) in contract chip manufacturing.

Compared with conventional 5-nanometre chips, the newly developed first-gen 3-nanometre process can reduce power consumption by up to 45%, improve performance by 23%, and reduce area by 16%, Samsung said in a statement.

Read More: https://www.reuters.com/technology/samsung-elec-starts-3-nanometre-chip-production-lure-new-foundry-customers-2022-06-30/