What Tesla/Samsung Deal Means
Tesla has
been a leader in the electric vehicle market for quite some time now. It’s
widely popular for its up-to-date product updates and making the customer the
king as Tesla meets their consumer demands with every technological update.
Think for yourself would you have imagined that we would have self-driving
electric cars back in 2010 or that we could even think of touring and settling
on the planet mars back then? It all seemed like a part of science fiction.
Didn’t it? But look at what Musk has achieved with his companies leading the
technological bandwagon, whether it’s Tesla, SpaceX, or Neuralink.
Thus, it’s
not surprising if Tesla continues to lead the EV markets for years to come,
however lately, Tesla has been undergoing a lot of changes in its existing
presence and reaches think of partnerships with other legacy brands and much
more this is something you may not have heard about in the tech channels too
frequently, so let’s dive into exploring the unspoken partnership of Tesla with
brands that will change Tesla’s already an advanced line of offerings insanely,
let’s start with something that you may have already come across regarding the
Samsung Tesla partnership is by now a well, the fact that the globally famous
south Korean company has collaborated with perhaps the world’s fastest emerging
automobile manufacturer in a mutually beneficial partnership.
What Samsung/Tesla Deal Means For Consumers
This is
because Tesla is now driving its focus on autonomously driven vehicles laying
great emphasis on providing them a fully operational one that’s why they’ve
signed a deal with Samsung to work jointly on the production of a 5-nanometer
semiconductor the first question that you have in this regard is what are the
benefits of this deal to Tesla now this semiconductor will be used for a
variety of functions for, For example, it would be utilized for in-vehicle
infotainment or its master control systems it would be manufactured by
employing the extreme ultraviolet the process do you find this partnership surprising
well.
Let’s look
at the timeline of Tesla’s previous associations with Samsung; the first
collaboration is not that old if you look at it Samsung and Tesla partnered for
the first time in 2016 for developing a 14-nanometer semiconductor, and they successfully
managed to create one that makes this deal different from the previous one is
the usage of argon fluoride process in the 2016 version while the current
relies on the extreme ultraviolet process when the semiconductor chips are
concerned Samsung has handled the situation very smartly during the
introduction
of the five-nanometer semiconductor they introduced it solely for mobile
phones, particularly the Exynos 2100. Still, soon something happened which
provided the perfect opportunity for Samsung to capitalize on the global chip
shortage of 2020.
How Tesla/Samsung Deal Will Affect Electric Vehicle Industry
Let’s give
you a gist of what exactly played out if you’re not familiar with this event
due to the fluctuating consumption patterns during the pandemic. The supply
chains experienced disruption during various points of time the semiconductor
chip the supply chain was not safe from these disorders since 2020. There’s
been a global semiconductor chip shortage as these chips are practically used in
nearly every device we use. Due to this, there has been a significant
production cut back in the automobile industry as they could not continue the
manufacturing process without adequate semiconductor supply. Global carmakers
like ford,
Toyota, Nissan VW, and Fiat Chrysler automobiles had to scale back their output
because of this guess what Samsung did they saw this opportunity to enter the
market to develop semiconductor chips for electric vehicles as well Tesla has
found a way to survive the semiconductor shortage to stay as the market leader
in manufacturing electric cars.
During
Tesla’s first-quarter 2021 earnings call, their CEO musk delineated the issue
of the supply chain disruption and even compared it with the situation during
world war ii he said this quarter, and I think we’ll continue to see that a
little bit in the second quarter and third quarter has some of the most
challenging supply chains challenges that we’ve ever experienced in the life of
Tesla and the same difficulties with supply chain with parts over the whole
range of features people have heard about the chip shortage; however,
interestingly Tesla is a dynamic company that manages to find the solution to
technological problems and ace the race of developments explained that they aren’t
expecting to be too affected by the chip shortage as compared to other
automobile companies they wrote in their shareholder’s letter in q1 we were
able to navigate through global chip supply shortage issues in part by pivoting
exceptionally quickly to new microcontrollers while simultaneously developing
firmware for new chips made by unique suppliers.
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