
Bayern Munich 2025/26 Season Preview: Challenges Ahead for Kompany's New-Look Side
Section: Arts
The American electric vehicle manufacturer Tesla has entered into a significant agreement with the South Korean electronics giant Samsung, focusing on the production of computer chips. Elon Musk, Tesla's CEO, announced that Samsung's new facility in Texas will be dedicated to manufacturing the next-generation AI6 chips for Tesla. The previous version, known as the AI5, is currently being produced by the semiconductor manufacturer TSMC.
Samsung revealed over the weekend that it has signed a contract valued at $16.5 billion, although the specific client was not disclosed at that time. This deal is expected to alleviate some of Samsung's losses in the contract manufacturing sector and invigorate the construction of the planned facility in Texas, which has faced delays due to a lack of orders. Notably, Samsung has postponed the acquisition of a specialized machine intended for chip production.
According to analyst Pak Yuak from the online brokerage Kiwoom, the new contract is anticipated to significantly reduce Samsung's losses in contract manufacturing, which were estimated to exceed EUR3 billion in the first half of the year. Samsung has experienced a decline in its client base in recent years, losing several major customers such as Apple, Nvidia, and Qualcomm to TSMC. Currently, TSMC holds a dominant position in the market, controlling approximately two-thirds of the global contract manufacturing market, while Samsung accounts for about 8%.
This partnership marks a strategic move for both companies, as Tesla continues to enhance its technology in the rapidly evolving electric vehicle market, while Samsung seeks to strengthen its position in the semiconductor industry amid increasing competition. The collaboration is likely to provide a boost to both companies, allowing them to leverage each other's strengths to navigate the challenges of the tech landscape.
Section: Arts
Section: Arts
Section: News
Section: Arts
Section: Arts
Section: Arts
Section: News
Section: Arts
Section: Business
Section: Arts
Health Insurance in Germany is compulsory and sometimes complicated, not to mention expensive. As an expat, you are required to navigate this landscape within weeks of arriving, so check our FAQ on PKV. For our guide on resources and access to agents who can give you a competitive quote, try our PKV Cost comparison tool.
Germany is famous for its medical expertise and extensive number of hospitals and clinics. See this comprehensive directory of hospitals and clinics across the country, complete with links to their websites, addresses, contact info, and specializations/services.
The couple Eva-Maria and Berthold Schneider has enthusiastically and expertly built an exquisite collection of Greek vases and other works of ancient small art over the years. Personal preferences often played a role in the acquisition of pieces. For instance, a rare oil vessel dating back to around...
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