https://wccftech.com/samsung-custom-cpu-core-department-shutting-down/

In a rather disappointing turn of events, Samsung's custom CPU core arm of the company is reportedly shutting down. The research and development facility which housed around 290 employees will cease to work on future projects, according to a WARN letter filed with the Texas Workforce Commission. For the longest time, Samsung’s Exynos range of chipsets continued to attain the second position when pitted against Qualcomm’s Snapdragon family in performance benchmarks. For the foreseeable future, Samsung is expected to rely on ARM’s cores for performance-related tasks.

According to the latest report, the layoffs will be effective as of December 31 and will be considered a permanent decision. As for about 3000 employees currently stationed at the Samsung Austin manufacturing facility, company spokesperson Michele Glaze states that these people will not be a part of the layoff.