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Last updated: December 28th, 2016 at 09:00 UTC+01:00
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Samsung's contract chip manufacturing business has been buoyed by upbeat sales and recent reports suggest that Samsung might actually be considering spinning off the foundry business to ensure that it's in a better position for future growth.
The business division largely relied on Apple as it started supplying application processing chips for the iPhone since 2007. Apple recently started placing orders with Taiwan Semiconductor Manufacturing Company and thus Samsung's business suffered slowing sales. Apple only sourced processors from TSMC for the iPhone 7 and this forced Samsung to diversify its clientele which now includes the likes of AMD, NVIDIA and Qualcomm. Samsung has reportedly signed a deal with Tesla to manufacture chips for its self-driving cars as well.
Adnan Farooqui is a long-term writer at SamMobile. Based in Pakistan, his interests include technology, finance, Swiss watches and Formula 1. His tendency to write long posts betrays his inclination to being a man of few words.
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