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TechGlobal 500

Samsung Says It’s First in the Industry to Start Doing This

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Reuters
Reuters
and
Michelle Toh
Michelle Toh
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By
Reuters
Reuters
and
Michelle Toh
Michelle Toh
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October 17, 2016, 3:05 AM ET
Samsung Discontinues Production And Sale Of Defective Galaxy Note 7
NEW YORK, NY - OCTOBER 11: People walk by the new Samsung store in lower Manhattan on October 11, 2016 in New York City. Less than two months after its launch, Samsung Electronics has announced that it is discontinuing its flagship Galaxy Note 7 smartphone after repeated reports of fires starting in the phones. Photo by Spencer Platt/Getty Images) (Photo by Spencer Platt/Getty Images)Photograph by Spencer Platt — Getty Images

Tech giant Samsung Electronics (SSNLF) said on Monday its system chips business has started mass production of semiconductors using 10 nanometer technology, adding it was the first company in the industry to do so.

Samsung said in a statement a tech product launching early next year will use chips made with its 10-nanometer production technology without specifying the device.

For more on Samsung, watch Fortune’s video:

South Korea’s Electronic Times reported this month that Samsung will be the sole contract manufacturer of Qualcomm’s (QCOM) high-end Snapdragon 830 chips using 10-nanometre production technology and these processors will be used in half of Samsung’s next Galaxy S smartphones expected to launch in early 2017.

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