There is no stop for Samsung; it now plans to start producing the 2nd Gen 10nm chips later in 2016.
Samsung has no plans to stop anytime soon when it comes to mass-producing its innovative and entertaining devices. The South Korean tech giant plans to produce 2nd generation 10nm LLP chip later this year and is also mass-producing OLED TV panels, and going head to head with its rival, LG.
The Galaxy maker informed its partners and even journalists of its plans to produce 10nm chips within this year during an event held at Silicon Valley, which was invite only. It has also been seen attempting to convince numerous chip designers to use this chip in their upcoming projects. When it comes to chip making it never ends, the tech company is even working on its 2nd generation 14nm chips. The second generation of the 10nm processor is going to come in two different designs and promise to be 10% faster in terms of performance compared to its predecessors.
The mobile phone manufacturer claims that the 10-nanometer chips are going to be an improvement of a kind of its 14nm chips. The 10nm Low Power Plus chips are expected to better and faster and consuming the minimum amount of energy. Not just this but it is expected to consist of thinner wiring with better efficiency.
This is not the only thing the tech organization is planning to produce this year. It also plans to mass-produce its OLED TV panels. The company is already at the top of its game when it comes to this market and it seems that it has no plans to come down a notch. Samsung's major competition in this market is LG, which is known for its spectacular OLED screens. Both Korean companies are seeking to rule the TV industry, which might prove to be beneficial for the consumers in the future.
Since both of them would seek for higher sales, they will lower the cost down and attract as many customers as possible beating the other, which will eventually be good for the customers. Public wants low cost and high efficiency television in their homes.
Samsung has an upper hand when compared to its rival in the TV market because it owns almost 95% of the international market for OLED display screens, which is worth $25 billion this year. Many mobile making companies are now seeking for OLED display instead of LCDs including Apple, which is good for Samsung.
The tech giant is mass-producing chips and TVs this year it should hope that it gets enough customers to purchase these electronics.
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