[LG Electronics Entrusts Samsung with AI Home Appliance Chip Manufacturing to Reduce TSMC Dependency] According to DeepTech TechFlow, on August 31, LG Electronics decided to entrust Samsung Electronics with the manufacturing of AI home appliance chips to reduce its dependency on TSMC. CoAsia SEMI will develop two IoT chips for LG, with a total project cost of 31 billion KRW (approximately 151 million RMB), spanning from July 2026 to December 2030. This project is part of the South Korean government's 'K-On-Device AI Semiconductor Technology Development' initiative, which has a total budget of approximately 800 billion KRW.