Saturday, May 9, 2015

Samsung and Apple - Tectonic Shifts



Samsung’s cell phone business is on the decline. Though Samsung has continued to overshadow Apple since 2011 in terms of sales volumes, this Samsung business actually lost market share down to 24% in 2015 compared to 31% the previous year. Profits are down 35% Y-o-Y as well. One would have assumed that Samsung would rejig its mobile phone business; however something else altogether has been announced.

This week Samsung announced that it is investing $14 Billion in setting up a Samsung Silicon Valley! This new structure is going to be as large as 400 soccer fields, located at Pyeongtaek, Korea. 

Layer this with the other key trend in this space – Apple and Samsung’s massive growing collaboration. Samsung will now manufacture chips for Apple’s iPhones as well as displays for other Apple products. Samsung is also going to move away from Qualcomm for its own phones and will use its Exynos chip for the S6 series and beyond.

This creates the following impact points in the Semiconductor and Consumer Electronics industry – 

  1. Samsung will focus on grabbing Intel and Qualcomm’s market share much more aggressively than it will Apple’s
  2. Samsung’s Pyeongtaek facility will focus on DRAMs, which will threaten memory semi companies that have Apple among their top 3 clients (ex: Micron Technology, SanDisk, SK Hynix, etc.)
  3. Qualcomm will feel the heat as Samsung reverts to its own Exynos Chips

Another focus of this facility, the second largest in the world after Intel’s, will be IoT chips. Apple can now further collaborate with Samsung to smoothly introduce fresh products into the IoT arena.  It will be interesting to watch this space as Samsung begins Pyeongtaek operations in 2017. 

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