Cho Mu-hyun is based in Seoul, South Korea and covers global tech conglomerates Samsung, LG and technology news in Asia. His English name is Joe and it rhymes with his last name.
The chips will power Asus' upcoming ROG 5 gaming smartphone.
The new EUV-based 5nm process line will begin operations in 2021.
The company's increases in profit and revenue were backed by strong home electronics sales.
The new secure element chip is CC EAL 6+ certified and will launch sometime in the third quarter.
Samsung saw profit increases in all three of its major businesses -- semiconductors, smartphones and consumer electronics -- in the third quarter.
The South Korean memory maker saw its market share in the server market increase despite the pandemic.
LG Electronics posted operating income of 647 billion won and sales of 18.8 trillion won in the fourth quarter of 2020, the company said on Friday in its preliminary earning guidance.
The smaller pixel size will allow cameras to be more powerful while allowing smartphones to remain thin.
Demand for memory products for server and graphic applications spurred growth.
The company also announced a 99-inch version of its MicroLED TV at its First Look event ahead of CES 2021.