Samsung says open to mobile chip M&A, sees foundry deals

Samsung trails Taiwan's TSMC and UMC, the world's the two biggest foundry chipmakers, but its aggressive investment plan is improving its ability to churn out large numbers of high-performance chips at low cost.

Revenue from foundry chipmakers, which produce chips on behalf of fabless companies such as Texas Instruments, Qualcomm and Nvidia, is estimated to have grown by 42 percent in 2010 to $28.9 billion and reach $33.7 billion in 2011, according to research firm iSuppli.

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