Elon Musk Hints at Expanding Business with Samsung: "$16.5 Billion Is Just the Minimum"
"Tesla AI Chips to Be Produced at Samsung Electronics' U.S. Plant"
Elon Musk, CEO of Tesla, has hinted at expanding business with Samsung Electronics. He stated that the $16.5 billion (approximately 22.8 trillion won) contract signed with Samsung Electronics’ foundry (semiconductor contract manufacturing) division represents only the "minimum level."
On July 27 (local time), CEO Musk commented in a post on social media platform X (formerly Twitter), replying to another user, "The $16.5 billion is just the minimum amount," and added, "The actual production volume is likely to be several times higher." Earlier that day, Samsung Electronics had announced a contract for semiconductor contract manufacturing worth 22.7647 trillion won. The contract period runs from July 24 this month to December 31, 2033, making it a long-term contract of eight years and five months.
In a previous post, he stated, "Samsung Electronics’ new plant in Texas will be dedicated to producing Tesla’s next-generation AI6 chips," emphasizing, "The strategic importance of this plant cannot be overstated." He also explained that Samsung Electronics is currently developing the AI4, while TSMC has completed the design of the AI5 and has begun production in Taiwan, with plans to manufacture it at its Arizona plant in the United States in the future. The next-generation AI6 chip is the subject of this contract.
Hot Picks Today
"An Insult to All Women": Female Athletes Outraged Over Ad with 37 Million Views in Four Days
- Annual Income of 3 Million Won Per Household... Government to Cut Transmission Towers by 40% and Establish 'Solar Income Villages'
- Asiana Mileage Usable for Korean Air Tickets...Final Approval for Mileage Integration Plan
- Police Give 70,000 Won of Their Own Money to Homeless Man in His 40s Who Stole Two Bags of Potato Rice Cakes Out of Hunger
- "Weight Dropped Rapidly... Anyone Can Get It Easily": Why a Woman in Her 20s Quit Mountzaro After Losing 6kg in a Month
In another post, CEO Musk said, "Samsung Electronics has allowed Tesla to maximize manufacturing efficiency, which is extremely important," adding, "I will visit the site in person to accelerate the progress."
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.