Intel Corp (INTC)

[RobertG]

Samsung Electronics Co. (005930) and Globalfoundries Inc. are teaming up in the made-to-order chip business, an alliance aimed at stealing orders from Taiwan Semiconductor Manufacturing Co.

Globalfoundries will license Samsung’s most advanced new chipmaking technology, called 14-nanometer FinFET, giving customers access to production at plants in Texas, New York state and South Korea. Terms of the accord weren’t disclosed.

Samsung will reach full production on the new manufacturing technology by year’s end, said Jeong Seh Woong, an executive vice president in charge of the foundry business.

full article..

http://www.bloomberg.com/news/2014-04-17/samsung-globalfoundries-team-up-in-challenge-to-tsmc.html