Samsung Electronics has announced that it has teamed up with Intel for a potential collaboration in the semiconductor industry.
The global chip crisis, which has been in our lives for a while, has adversely affected many sectors. In this process, production slowed down because the necessary components could not be provided, and prices almost peaked because the intense demand could not be met. It is also worth noting that companies operating in this field are cooperating to overcome the crisis with minimum damage.
There was a recent critical development on the issue after U.S. President Joe Biden recently emphasized the U.S.-South Korean technology partnership. Intel and Samsung met because of the already ongoing chip and supply crisis.
Chip collaboration between Intel and Samsung
Samsung Electronics recently announced that the company’s vice president, Lee Jae-yong, met with Intel CEO Patrick Gelsinger in Seoul. The focus of the two companies’ meeting was naturally the semiconductor sector.
Intel and Samsung sought answers to the question of how to cooperate in the semiconductor sector, where competition is heated. While the detailed content of the meeting has not yet been shared, Samsung said in its statement that we exchanged ideas for the next generation of memory and system chips, as well as PCs and mobile devices.
Analysts interpreted Intel’s move as it seeks to establish more stable supply chains in the semiconductor industry. At the same time, it was stated that the meeting had an important place to overcome the ongoing chip crisis with minimal damage. On the other hand, it was emphasized that both manufacturers want to increase their share in the foundry business dominated by TSMC with the cooperation to be made.
Due to the chip crisis, the semiconductor sector has suffered greatly. According to the statements of the manufacturers who appear in this field, we can say that the problem will be with us for a while.
So what do you think about this? When do you think the global chip crisis will be completely over? Do not forget to share your opinions with us in the comments section.