Reuters reported the Korean chaebol is talking with ZTE and other OEMs to start supplying them with mobile processors in order to up its rivalry with Qualcomm. Up until now, the South Korean company had only one external client for its mobile chips, Meizu, but starting next year it may add at least one more.
ZTE has recently been subject to a trade ban from the USA, meaning it can no longer use chips made by Qualcomm.
It hasn't been confirmed which OEMs are now in Samsung's sights, but given ZTE's recent debacle leaving the company on the verge of shutting down, the Chinese manufacturer could very well be roped into the discussion.
Its efforts like that will put further pressure on the industry leader Qualcomm, which said last month it expects the loss of business with ZTE to lower its profits by 3 cents per share next quarter.
No specific deals have been reached just yet, with Inyup Kang, head of Samsung's logic chip developer called System LSI and former Qualcomm executive, stating that Samsung is likely to announce new clients sporting Exynos chips in the first half of 2019. Notably, the company's System LSI business increased its shipments by 27 percent, Counterpoint stated. Basically, this means that ZTE won't be able to use Qualcomm's chips inside its smartphones, so the Chinese company is looking for another supplier. He stated that the company is in discussion with "multiple automobile companies" to develop chips for autonomous driving, but did not name the auto makers.
Now ZTE's core business operations have been shut down post this ban and the company is looking for ways to widen its supply chain and is in talks with several companies including Samsung for supplying microprocessors.
Samsung's semiconductor business, reporting a 2017 operating profit of 35.2 trillion won ($33 billion), contributed more than 65 percent of the whole firm's record annual profit of 53.65 trillion won previous year.
Kang said his business is expected to see a 5-10 percent revenue growth this year in dollar terms.
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Schumer responded, "low bar" and the lawmakers laughed. 47 of the Senate Republicans voted to keep FCC's decision in place. He said Democrats would try to make it a campaign issue if Republicans will not allow a vote.
Willow Wilson, and Adrian Alphona, Kamala Khan became Marvel's first Muslim character to headline her own comic book. Ms Marvel , aka Kamala Khan and Marvel's first Muslim superhero, was launched in the comics back in 2013.
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The New York-based fund Garnet Equity Capital Holdings Inc. looks positive on Wal Mart Stores Inc, possessing 100,000 shares. The company had revenue of $135.15 billion during the quarter, compared to the consensus estimate of $133.63 billion.
The BBC reports, "Ebola is a serious infectious illness that causes internal bleeding and often proves fatal". He said epidemiologists are working to identify additional contacts to the 500 already identified.
5 found dead, 1 injured in Ponder home shooting
It happened just before 8:30 a.m. on Wednesday morning at a home in the 600 block of Lonestar Park Lane, near FM 2499. Shortly before they responded to the scene, firefighters learned there were multiple victims inside the home.
Reliance Communications shares surge 38%
The company in a press release said it would decide the next course of action after studying the detailed orders of NCLT. In December 2017, Reliance Jio agreed to buy a majority of the wireless assets of RCom for an undisclosed amount.