Samsung Electronics is rumored to be planning a large-scale M&A deal; Infineon and NXP may be included in the list

According to South Korean media Business Korea, citing people familiar with the matter, Samsung Electronics will announce a large-scale M&A deal as the company hopes to strengthen its non-memory business, with German chip giant Infineon and Dutch semiconductor company NXP becoming M&A targets.

When asked about the possibility of M&A transactions at the 2022 Consumer Electronics Show (CES), Han Jong-hee, head of Samsung Electronics' DX Business Group, said that the company would announce good news soon.

Samsung Electronics launched the Universal Flash Storage (UFS) for cars in 2017, and then supplied the German automaker Audi with the Exynos Auto 8890 automotive processor, and then the Exynos Auto V9 in 2019. At the end of last year, it began to supply high-performance SSDs and graphics DRAM to foreign automakers. At the beginning of last year, Samsung Electronics announced that it would promote meaningful mergers and acquisitions within three years.

Previously, the industry had analyzed that Samsung's investment and even acquisition of international giants would be very different from Intel's investment and acquisition of Altera and other manufacturers a few years ago, because after the investment and acquisition, Intel eventually continued to deepen its cooperation with TSMC in manufacturing. However, after Samsung acquires international semiconductor giants, it may adjust the relevant orders to its own wafer foundries, thereby eroding TSMC's orders.