Samsung facing heat from new contract chip manufacturers Intel, Rapidus
For the past few years, Samsung Foundry and TSMC were the only brands capable of making semiconductor chips on 7nm (or better) process nodes. While TSMC has been the best in performance and efficiency, Samsung was a good option for firms that couldn't afford TSMC or get enough volume.
Intel and Rapidus plan to make 2nm chips soon to compete with Samsung Foundry and TSMC
However, things are getting more problematic for Samsung Foundry as new competitors have emerged in the contract semiconductor chip manufacturing space.…