Samsung in talks with Tesla to make next-gen self-driving chips -Korea Economic Daily
Reuters
Published Sep 23, 2021 07:56AM ET
SEOUL (Reuters) - Samsung Electronics (OTC:SSNLF) is in talks with Tesla (NASDAQ:TSLA) to make Tesla's next-generation self-driving chips based on Samsung (KS:005930)'s 7-nanometre chip production process, a South Korean newspaper reported on Thursday.
Since the beginning of this year, Tesla and Samsung have discussed chip design multiple times and exchanged chip prototypes for Tesla's upcoming Hardware 4 self-driving computer, the Korea Economic Daily reported, citing sources with direct knowledge of the matter.
Samsung declined to comment. Tesla did not have an immediate response.
If Samsung wins the order, it is expected to make the chip on its 7-nanometre production process, the report said. Samsung already produces chips in Tesla's current Hardware 3 computers.
Tesla Chief Executive Elon Musk said https://www.reuters.com/business/autos-transportation/tesla-unveils-own-chip-ai-training-computer-dojo-2021-08-20 in the company's AI Day event in August that Tesla would introduce new hardware for its self-driving computer for its Cybertruck electric pick-up truck in "about a year or so."
In the chip contract manufacturing industry, Samsung is second to TSMC which had 52.9% of market share compared to Samsung's 17.3% as of end-June, according to analysis provider TrendForce.
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.