Samsung is ramping up its presence in the automotive chip space, securing a deal to provide 5G modem chips to Tesla. This marks a shift in Tesla's supply strategy—previously the company relied on Qualcomm's modems sourced from China or Taiwan. The new Samsung chips will be manufactured in South Korea, reflecting broader shifts in semiconductor sourcing and regional manufacturing strategies. The move highlights how major tech firms are diversifying their component suppliers and reshoring production to different geographies.
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Samsung is ramping up its presence in the automotive chip space, securing a deal to provide 5G modem chips to Tesla. This marks a shift in Tesla's supply strategy—previously the company relied on Qualcomm's modems sourced from China or Taiwan. The new Samsung chips will be manufactured in South Korea, reflecting broader shifts in semiconductor sourcing and regional manufacturing strategies. The move highlights how major tech firms are diversifying their component suppliers and reshoring production to different geographies.