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Samsung Foundry to manufacture ASIC cryptocurrency miners, looks to produce 4nm chips by 2020

A Bitmain AntMiner T9 ASIC. (Source: Crypto Mining Blog)
A Bitmain AntMiner T9 ASIC. (Source: Crypto Mining Blog)
Samsung could be bringing some competition into the ASIC crytocurrency miner market as it is looking to produce its own ASICs. The company is also looking to align its fabrication development with TSMC and hopes to complete the 4nm process by end of 2020.

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Samsung Foundry is looking to expand into the Application-Specific Integrated Circuit (ASIC) manufacturing business. The South Korean giant is looking to make its semiconductor business even more lucrative, especially, now that it has toppled Intel to become the world's largest chip seller.

At the company's Q4 earnings call, Lee Sang-hyun, VP Foundry Marketing, said, "Recently, the number of semiconductor consignment production orders by digital currency related semiconductor companies is rising. We expect to take second place in the foundry market this year after Taiwan’s TSMC”. A company spokesperson confirmed that Samsung Foundry will soon start making hardware for crytocurrency mining. However, he did not mention any details except for the fact that the company is looking to supply hardware to a virtual mining company based in China.

The company expects to take second place in the foundry business this year after Taiwan's TSMC. It hopes to complete the 7nm fabrication process by end of 2018 and will look towards 5nm and 6nm next year. By 2020, the company aims to complete the 4nm process in line with TSMC's plans.

Samsung foraying to ASICs manufacture can give some competition to established players such as Bitmain and Canaan Creative, both of which are TSMC partners. It will also, hopefully, bring the inflated prices and scarce availability of GPUs under control as ASICs consume less power for similar hash rates compared to GPUs.

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Vaidyanathan Subramaniam
Vaidyanathan Subramaniam - Managing Editor - 1395 articles published on Notebookcheck since 2012
Though a cell and molecular biologist by training, I have been drawn towards computers from a very young age ever since I got my first PC in 1998. My passion for technology grew quite exponentially with the times, and it has been an incredible experience from being a much solicited source for tech advice and troubleshooting among family and friends to joining Notebookcheck in 2017 as a professional tech journalist. Now, I am a Lead Editor at Notebookcheck covering news and reviews encompassing a wide gamut of the technology landscape for Indian and global audiences. When I am not hunting for the next big story or taking complex measurements for reviews, you can find me unwinding to a nice read, listening to some soulful music, or trying out a new game.
contact me via: @Geeky_Vaidy
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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2018 02 > Samsung Foundry to manufacture ASIC cryptocurrency miners, looks to produce 4nm chips by 2020
Vaidyanathan Subramaniam, 2018-02- 3 (Update: 2018-02- 3)