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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.

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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> 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)
Vaidyanathan Subramaniam
Vaidyanathan Subramaniam - News Editor
I am a cell and molecular biologist and computers have been an integral part of my life ever since I laid my hands on my first PC which was based on an Intel Celeron 266 MHz processor, 16 MB RAM and a modest 2 GB hard disk. Since then, I’ve seen my passion for technology evolve with the times. From traditional floppy based storage and running DOS commands for every other task, to the connected cloud and shared social experiences we take for granted today, I consider myself fortunate to have witnessed a sea change in the technology landscape. I honestly feel that the best is yet to come, when things like AI and cloud computing mature further. When I am not out finding the next big cure for cancer, I read and write about a lot of technology related stuff or go about ripping and re-assembling PCs and laptops.