IBM Taps Samsung for Chip Manufacturing

IBM was one of the few companies still developing the manufacturing processes to build cutting-edge chips. Then, back in 2015, IBM completed the sale of its chip manufacturing assets to stand-alone chip manufacturer GLOBALFOUNDRIES.
Unfortunately for IBM's chip efforts - the company still develops POWER processors for servers and Z-series chips for its mainframes - GLOBALFOUNDRIES ceased development of cutting-edge chip manufacturing technology. This left IBM in need of a new partner to manufacture its chip designs.
A little while back, Nikkei Asian Review reported that this new partner would be Taiwan Semiconductor Manufacturing Company. While GLOBALFOUNDRIES failed to bring its own seven-nanometer manufacturing technology, marketed as 7LP, into mass production, TSMC's own seven-nanometer technology is now in mass production.