
SEOUL/TAIPEI -- The rivalry between Samsung Electronics and Taiwan Semiconductor Manufacturing Co. is intensifying as the latest U.S. ban on Huawei Technologies changes the landscape of the chip foundry business.
Samsung announced on Thursday that it is building new production lines in Pyeongtaek, south of Seoul, to mass produce 5-nanometer chips from the second half of next year. This follows production lines in Hwaseong, where Samsung aims to start producing the cutting-edge chips this year.