Samsung in talks with Tesla to make next-gen self-driving chips -Korea Economic Daily

imageStock Markets36 minutes ago (Sep 23, 2021 08:01AM ET)

(C) Reuters. FILE PHOTO: The logo of Samsung Electronics is seen at its office building in Seoul, South Korea, August 25, 2017. REUTERS/Kim Hong-Ji/File Photo

SEOUL (Reuters) – Samsung Electronics (OTC:SSNLF) is in talks with Tesla (NASDAQ:TSLA) to make Tesla’s next-generation self-driving chips based on Samsung (KS:005930)’s 7-nanometre chip production process, a South Korean newspaper reported on Thursday.

Since the beginning of this year, Tesla and Samsung have discussed chip design multiple times and exchanged chip prototypes for Tesla’s upcoming Hardware 4 self-driving computer, the Korea Economic Daily reported, citing sources with direct knowledge of the matter.

Samsung declined to comment. Tesla did not have an immediate response.

If Samsung wins the order, it is expected to make the chip on its 7-nanometre production process, the report said. Samsung already produces chips in Tesla’s current Hardware 3 computers.

Tesla Chief Executive Elon Musk said https://www.reuters.com/business/autos-transportation/tesla-unveils-own-chip-ai-training-computer-dojo-2021-08-20 in the company’s AI Day event in August that Tesla would introduce new hardware for its self-driving computer for its Cybertruck electric pick-up truck in “about a year or so.”

In the chip contract manufacturing industry, Samsung is second to TSMC which had 52.9% of market share compared to Samsung’s 17.3% as of end-June, according to analysis provider TrendForce.

Samsung in talks with Tesla to make next-gen self-driving chips -Korea Economic Daily

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