Samsung says in contract chip deal with Toshiba
Samsung Electronics Co, the world's top memory chip maker, said on Friday it was in contract chip manufacturing deal with its Japanese rival Toshiba Corp for production of non-memory chips.
Toshiba said earlier on Friday it would increase outsourcing of non-memory chips to foundries and that Samsung was one of its options for chip outsourcing.
We have agreed with Toshiba to produce low-power processing chips with advanced 40 nano processing technology, Samsung spokesman James Chung said.
(Reporting by Miyoung Kim; Editing by Yoo Choonsik)
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