Samsung Electronics to start making new chips for AMD next year: Report

Tech giant Samsung Electronics Co Ltd will start making new chips for Advanced Micro Devices (AMD) next year, South Korea’s Electronic Times reported on Tuesday citing unnamed sources. The paper said Samsung’s foundry business and Globalfoundries will jointly start producing a central processing chip as well as a graphics processing chip for AMD next year using their 14-nanometre technology. Samsung has been trying to increase its external client base in recent quarters for its components businesses as it seeks to offset the earnings decline for its smartphone division. The firm already makes chips for companies such as Apple Inc and Nvidia Corp. Samsung did not immediately comment, while AMD could not be immediately reached for comment. Recently  leaked information pointed out that Samsung will have exclusive rights to the Qualcomm Snapdragon 820 chipset until April. If what the rumour reveals turns out to be true, Samsung could have a headstart for a couple of weeks compared to any manufacturer out there, giving its smartphone a sales momentum that should bring a lot of smiles on the faces of Samsung executives. This is because no other smartphone manufacturer will be able to roll out or release the same during that time. With inp0uts from Reuters