The company seems to promote the foundry and system semiconductor businesses as its new growth engine after memory chips.
But Samsung's entry into this space, even as potentially just a parts supplier, might mean their profits could now be affected by increased or decreased bitcoin mining demand and more generally crypto mining as they also mass produce GPUs.
Mining is a process of solving mathematically complex problems that serve to verify the transactions of cryptocurrency coins.
Major cryptocurrency mining companies are operating from China where electricity is cheaper.
It is yet to be confirmed if these chips are going to be integrated into smartphones or separate machine enclosures of their own like ASICs, so Samsung's plans of the future are now a bit hazy. "However we are unable to disclose further details regarding our customers", a company spokesperson said. ASIC chipsets, on the other hand, are distinct pieces of hardware as they are optimised for the task. Initially, almost anyone could mine Bitcoin using his/her home computer. GPUs are used to handle graphics on computers as well as being deployed for mining purposes. They come with better power efficiency, are created to increase a GPU's performance, and are also used for mining purposes.
How will this move affect others in the race?
CFO Lorna Ho described the demand as continuous, with co-CEO Mark Liu telling investors in the third quarter of 2017 that the firm received between $350m to $400m in revenue from this particular market segment.
This year, processors, which are designed for bitcoin mining, were put on the market. Although this is a small figure for the Samsung, which booked an incredible $69 billion in chip sales in 2017 thanks mainly to the smartphone industry.
And whilst Samsung said that its display panel business, which makes OLED and LCD screens, saw increased shipments of OLED panels for premium smartphones, it LCD panels profitability took a hit due to weak seasonality, which dampened sales and average selling prices.
You know I truly believe my goal is to be ready for week one". "It's just such a fluid process, and we'll just see what happens". But for Wentz to play a large role in any sustained success, he'll need to stay on the field.
After 18 years of leadership, both as president and prime minister, Putin fatigue is spreading across Russian Federation . After authorities refused to register his candidacy in the election, Navalny has called on supporters to boycott the vote.
Fisher died December 27, 2016, four days after going into cardiac arest onboard a flight from London to Los Angeles. A little more than a year after her death, Carrie Fisher has won her first Grammy Awards.
French police have questioned prominent Islamic scholar Tariq Ramadan over allegations over rape and sexual assault. Shorlty after, a second woman came forward who said she had gone through a similar experience with Ramadan in 2009.
We've gotten to that point in this unusually bad flu season where city officials have started dishing out flu shots for free. When the flu becomes severe, some people may need immediate medical attention to prevent further complications.
Woodrow Wilson put his political science theories on presidential rhetoric into practice by reviving the in-person speech. Kennedy and the late Senator Edward Kennedy, who for 50 years was one of the dominant voices of Democratic politics.
Other previously available information on the size, attrition and performance of the Afghan forces continue to be unavailable. That's not classified information, according to officials, but SIGAR says it was labeled "not releasable to the public".
The onslaught has stirred diplomatic tensions between North Atlantic Treaty Organisation allies Turkey and the United States. In December, he said, no aid was delivered to over 417,000 people in nine "besieged" locations.
If you do have an Alexa Show, instead of only hearing the updates, you'll also see the latest news and weather on your device. If you can tick both of those boxes, Alexa can now send an SMS to any of the contacts listed in your phone.
The World Economic Forum's 48th Annual Meeting is taking place on January 23-26 in Davos-Klosters, Switzerland. Emmanuel Macron also called on the WEF participants to harness the negative effects of globalization.
FTAs on e-Tourist Visa grew by 143 per cent to 10.8 lakh in 2016, and further grew by 57.2 per cent to 17.0 lakh during 2017. This is double the share of India's merchandise exports in the world at 1.7%, the Survey pointed out.
Always volatility measures make charm for active trader; price volatility of stock was 3.06% for a week and 2.07% for a month. The 100-Day trend also shows a BULLISH trend as well. (2) A downtrend, or bearish trend, means the price is moving lower.
US PRESIDENT Donald Trump has called for the implementation of new rules to end the government shutdown . By Saturday night negotiations on both immigration and to reopen the government still hadn't progressed.
Police had filed an FIR against a Major and some jawans on the same day and the cross-FIR was registered on January 28. The written version has been added to the case file and will be part of further investigation into the incident.
LOS ANGELES (AP) - Clear skies are giving Southern Californians an unimpeded view of the first super blue blood moon in 35 years. As per NASA , this would make the moon look closer as well as brighter than a full moon at its farthest point from Earth.
Kate and William are not staying with the royals and will instead be hosted in the Residence of the British Ambassador to Sweden. The game originated in Cambridgeshire and dates back to 1813. "She's an ambassador in more ways than one", one commented.
JPMorgan said previously that it spent $1.25 billion on medical benefits in 2017 for 300,000 US employees and family members. Six of the top ten companies with significant share declines on the Standard & Poor's 500 index were health care companies.
The annulment resulted in several clashes between the rival factions, namely the supporters of Kenyatta and those of Odinga. Odinga was sworn in on Tuesday surrounded by some 10,000 supporters in Uhuru Park in the Kenyan capital Nairobi.
Basically, this is Stephen King's X-Men novel about mutants on two sides of war, which is a pretty awesome concept. On the Netflix side of things, Flanagan is now working with Macy on a production of " The Haunting of Hill House ".
Assange sought political asylum in the embassy in June 2012, after a failed legal battle to prevent his extradition to Sweden. They argue that Assange shouldn't be immune from the law simply because he has managed to evade justice for years.
Australia then had to survive more than three minutes of stoppage time with only six players after receiving a late yellow card . Fiji looked exhausted as they spent most of the time defending as the Russians managed to keep the scores close.
Soros said that these tech giants claim that they are distributing information but they are distributing monopoly instead. The dominant global creed has reverted from worldwide governance to nationalism, Soros argued.