Samsung, Intel CEOs Discuss Chip Collaboration
Samsung Electronics Vice Chairman Lee Jae-yong and Intel CEO Pat Gelsinger held a meeting in Seoul to discuss a possible future collaboration in next-generation chip technology.
Samsung confirmed to the Korea Herald that Gelsinger flew to Korea after attending the World Economic Forum in Switzerland.
Samsung’s co-CEO Kyung Kye-hyun, who heads up the company’s chip business was also at the meeting, as was Roh Tae-moon, head of Samsung‘s mobile division, and “high-ranking officials representing each chip business ranging from memory chips to processors and foundry.”
With Samsung’s semiconductor business bringing in A$114.73 billion in revenue last year, and Intel’s earning A$110.13 billion, the two companies currently sit in first and second place in the chip business. A collaboration would make sense, given both companies’ components have long co-existed on motherboards.
Gelsinger also visited Taiwan, home to TSMC, so it is possible that Intel is simply shopping around for a good partnership.