Samsung cuts prices to compete with TSMC in the semiconductor market

Korean electronics giant Samsung Electronics is trying to compete with Taiwan's TSMC, which has a huge share of the semiconductor market, and informed sources have indicated that Samsung resorted to lowering its prices to try to win some customers from TSMC.

TSMC is facing difficulties in meeting the large demands of its advanced production processes, which may give Samsung a chance, especially since it has shown its willingness to reduce prices as we mentioned above compared to its competitors and to see if this will convince some companies and customers to resort to the services of Samsung.