SEOUL – Tech giant Samsung Electronics Co Ltd <005930.KS> will be the sole contract manufacturer for Qualcomm Inc's next high-end Qualcomm Snapdragon chips, South Korea's Electronic Times reported on Wednesday citing unnamed sources.
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The paper said Samsung will make Qualcomm's Snapdragon 830 mobile processors using 10-nanometre production technology, adding that the South Korean firm agreed to use the processors in half of its next update of the Galaxy S smartphone that will launch in 2017.
Samsung said in January it was the sole manufacturer of the predecessor Snapdragon 820 chips - a deal that some analysts said at the time was worth more than $1 billion.
Samsung did not immediately comment on the report, and Qualcomm could not be immediately reached for comment.
(Reporting by Se Young Lee; Editing by Richard Pullin)