Samsung isn’t shutting down Exynos project, working to increase competition



After chip maker Qualcomm confirmed that the next-generation Samsung Galaxy S23 series will exclusively use the Snapdragon chipset, the South Korean tech giant said it is not abandoning the Exynos project.

The company said it will not shut down its Exynos manufacturing business and is working on expanding the competitiveness of the Exynos brand, reports GizmoChina.

Samsung said it hopes to collaborate with other IP businesses and begin early development to increase the market share of its key customers.

The company is also likely to develop a premium processor specifically for the Galaxy S series.

Recently, Qualcomm CEO Cristiano Amon said that the Snapdragon 8 Gen 2 will be used exclusively in the Galaxy S2 series.

Meanwhile, Qualcomm also announced that it has strengthened its strategic partnership with Samsung Electronics to deliver leading-edge premium consumer experiences for Samsung Galaxy devices.

The two tech giants have agreed to expand their collaboration with the Snapdragon platform for future premium Samsung Galaxy products, including smartphones, PCs, tablets, augmented reality and more.

The tech giant recently reported a net profit of $8.5 billion in its second quarter on the back of strong demand for server chips, up 15.2 percent from a year ago.

–IANS

VC/KSK/

(Only the title and image in this report may have been reworked by Business Standard staff; the rest of the content is generated automatically from a syndicated feed.)

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