According to rumors Samsung will soon announce the acquisition of

According to rumors, Samsung will soon announce the acquisition of Infineon or NXP

According to current rumors, Samsung Electronics is about to announce a large-scale takeover between the German chip maker Infineon Technologies and the Dutch semiconductor company NXP Semiconductor.

Image source: Business Korea

Image source: Business Korea

Han Jong-hee, vice chairman of Samsung Electronics, said the company will soon have good news of upcoming mergers and acquisitions at CES 2022. People familiar with the market say Samsung could take over an automotive chip maker. The most likely candidates include Infineon and NXP, which make microcontrollers and power management ICs for automobiles.

It is noteworthy that Samsung has already entered the semiconductor market for the automotive industry. In 2017, it introduced its first UFS drives for cars. After Samsung started shipping the Exynos Auto 8890 automotive processor, the Exynos Auto V9 followed to the German automaker Audi. At the end of last year, it strengthened partnerships with other automakers.

Samsung Electronics announced early last year that it would enter into a series of mergers and acquisitions over the next three years. One of the reasons for this desire is likely to be the noticeable competition in the supply chains.

However, as semiconductor shipments have become inadequate due to the coronavirus pandemic, governments are prioritizing the security of their chip supply chains and are unlikely to want their chip makers to be sold to overseas companies. A semiconductor industry insider said Europe will not allow Infineon or NXP to be sold to companies in other countries, especially at a time when European automakers are running out of chips.

About the author

Dylan Harris

Dylan Harris is fascinated by tests and reviews of computer hardware.

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