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South Korea's Samsung Electronics Co. will receive a subsidy of up to 20 billion yen ($140 million) to build a new research and development facility for advanced semiconductors near Tokyo, Japan's industry ministry says.
Samsung is projected to report an operating profit of 100.4 billion won ($76.5 million) for the April-June period.
Samsung reportedly forming 'Joint Task Force' to make a NEW chipset that would beat Apple and its A-series SoC by 2025 (or so).
The Exynos 2200 is a freshly-designed mobile processor with a powerful AMD RDNA 2 architecture based Samsung Xclipse graphics processing unit (GPU).
Trailing-edge chip manufacturing processes are benefiting from blowout capital spending to address shortages