Samsung Electronics Co Ltd is the first in the world to start mass production of chips based on the main 3-nanometer technology. The company is looking for new customers and wants to compete more with TSMC in the chip manufacturing market. It was announced by Reuters.

Compared with conventional 5-nanometer chips, the first generation of 3-nanometer chips can reduce power consumption by 45%, increase performance by 23% and reduce area by 16%. The company does not name the customers who will be the first to receive this novelty. It is expected that it will be Samsung itself and Chinese companies.

Taiwan Semiconductor Manufacturing Co (TSMC) is the leading microchip manufacturer in the world. It controls about 54% of the global market and supplies chips to companies that do not have their own production, including Apple and Qualcomm.

Samsung is the first to start producing 3 nm chips: they will have higher performance and lower power consumption
Samsung Electronics’ chip manufacturing plant in Hwaseong, South Korea. Source: Reuters

Samsung takes second place in the market with a share of 16.3%. Last year, the company announced a $132 billion investment plan to overtake TSMC in chip manufacturing by 2030. The plan is to find customers in China, where a variety of companies – from carmakers to manufacturers of household appliances – are rushing to find chip suppliers and compensate for their global shortage.

At the same time, TSMC plans to start mass production of 2nm chips in 2025, so the competition will continue to develop.