Jul. 28, 2025
Samsung Strikes $16.5 Billion Chipmaking Deal With Global Tech Client
TMTPOST -- Samsung Electronics has secured a $16.5 billion contract to manufacture chips for an unnamed major global company, the South Korean firm said Monday, lifting its shares by 3.5%. The deal, signed over the weekend, covers long-term chip production through the end of 2033. Samsung declined to reveal the client’s identity or specific contract terms until the agreement concludes.
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