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Samsung turns to China to boost ailing chip business, FT reports

Samsung (SSNLF) has turned to Chinese customers like Baidu (BIDU) to prop up its ailing chip business, The Financial Times’ Christian Davies, Song Jung-a, and Zijing Wu report. In a previously unreported deal, Samsung last year sold more than three years’ supply of logic dies to Kunlun, the semiconductor design subsidiary of Baidu, according to people familiar with the matter.

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