October 5, 2016 / 12:53 AM / a year ago

Samsung Electronics to make Qualcomm Snapdragon 830 chips: Electronic Times

SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd (005930.KS) will be the sole contract manufacturer for Qualcomm Inc’s (QCOM.O) next high-end Qualcomm Snapdragon chips, South Korea’s Electronic Times reported on Wednesday citing unnamed sources.

Employees walk in the main office building of Samsung Electronics in Seoul, South Korea, in this file photo taken on January 6, 2016. REUTERS/Kim Hong-Ji

The paper said Samsung will make Qualcomm’s Snapdragon 830 mobile processors using 10-nanometre production technology, adding that the South Korean firm agreed to use the processors in half of its next update of the Galaxy S smartphone that will launch in 2017.

Samsung said in January it was the sole manufacturer of the predecessor Snapdragon 820 chips - a deal that some analysts said at the time was worth more than $1 billion.

Samsung did not immediately comment on the report, and Qualcomm could not be immediately reached for comment.

Reporting by Se Young Lee; Editing by Richard Pullin

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