Tag Archives: chipsupply

Samsung Electronics signs $16.5 billion chip-supply contract; shares rise

Samsung Electronics signs .5 billion chip-supply contract; shares rise

A Samsung flag flies outside the company office in Seoul, South Korea on February 05, 2024. Chung Sung-jun | Getty Images News | Getty Images Samsung Electronics has entered into a $16.5 billion contract for supplying semiconductors to a major company, a regulatory filing by the South Korean company showed Monday.  The memory chipmaker, which did not name the counterparty, …

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