The Taiwan Semiconductor Manufacturing Company is perhaps the biggest rival for Samsung’s chip-making business and the company recognizes the need to effectively compete against TSMC in the market. Reports out of Korea reveal that Samsung is working to compete more effectively against TSMC by advancing its chip-making technology.
According to the report, Samsung has signed a deal with Dutch-based ASML to purchase the latest extreme ultraviolet equipment for mass production of its 7-nanometer process. ASML is one of the biggest suppliers in the world of photolithography systems for the semiconductor industry, its machinery is pivotal in the production of integrated circuits like memory chips and CPUs. The installation of the advanced machinery that Samsung has reportedly acquired is expected to be completed by the first half of next year, this will be the first time that Samsung deploys EUV equipment in its chip-manufacturing process.