Samsung Electronics signs $16.5 billion contract to supply semiconductors
By
Binu Mathew
Samsung Electronics said on Monday it has signed a contract valued at $16.5 billion to supply semiconductors to a major global corporation.
The world’s biggest memory chipmaker said in the regulatory filing the deal signed on Saturday was for contract chip manufacturing and said details of the agreement including the counterpart and terms would not be disclosed until the end of 2033.
