Samsung said to make Tesla's next-gen self-driving chips
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South Korean technology giant Samsung (OTCPK:SSNLF) is likely to manufacture Tesla's (NASDAQ:TSLA) new full self-driving chips to be used for its autonomous vehicles.
Currently, Tesla (TSLA) uses Taiwan Semiconductor (NYSE:TSM), the world's largest semiconductor foundry, to manufacture and produce its Hardware 5, or HW 5.0, chips, but Samsung (OTCPK:SSNLF) may have won some business away from its top competitor, Korean Economic Daily reported, citing industry officials.

It's unclear if Tesla (TSLA) will work with both Taiwan Semiconductor (TSM) and Samsung (OTCPK:SSNLF) or just use Samsung to manufacture the new chips, the news outlet added, citing the officials.
Samsung (OTCPK:SSNLF), which produces chips for Qualcomm (QCOM), IBM (IBM) and several other clients, has previously produced full self-driving chips for Tesla (TSLA), including those that went into the Model 3, Model X and Model Y.
Samsung (OTCPK:SSNLF) and Taiwan Semiconductor (TSM) did not immediately respond to a request for comment from Seeking Alpha.
Taiwan Semiconductor (TSM) is slated to report second-quarter results on July 20. A consensus of analysts estimates the company to earn $1.08 per share on $15.42B in revenue.

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