Samsung is in talks to buy chips from China's ZTE, amid US bans

Samsung is in talks to buy chips from China's ZTE, amid US bans

6 years ago
Anonymous $CLwNLde341

https://www.cnbc.com/2018/05/15/samsung-in-talks-to-buy-chips-from-chinas-zte-amid-us-bans.html

Samsung is in talks with several smartphone makers including China's ZTE to supply mobile processor chips, a senior executive said, a move that will bring it in more direct competition with larger rival Qualcomm.

The South Korean tech giant generates the bulk of its profit from its bread and butter memory chips and has been beefing up development of logic chips such as mobile processors, image sensors and automotive chips to diversify.