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      LG Electronics Partners with Samsung for AI Home Appliance Chip Production

      LG Electronics has announced a collaboration with Samsung Electronics to manufacture chips for AI home appliances. This partnership aims to decrease LG's dependence on Taiwan Semiconductor Manufacturing Company (TSMC) for chip production.

      The project will involve CoAsia SEMI developing two Internet of Things (IoT) chips for LG, with a total investment of 31 billion Korean won, equivalent to approximately 1.51 billion RMB. The timeline for this initiative spans from July 2026 to December 2030.

      This venture is part of the South Korean government's broader initiative known as the 'K-On-Device AI Semiconductor Technology Development' program, which has an overall budget of around 800 billion Korean won.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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