Samsung Electronics plans to introduce a customized artificial intelligence (AI) service for knowledge search, translation and summarization this year as concerns over the possible leakage of key technological information enabled by ChatGPT are rising.
Samsung Electronics semiconductor business posted an operating loss of 4.58 trillion won ($3.4 billion) in the first quarter due to the prolonged downturn of the global chip industry, the chip giant said, Thursday. Despite suffering slumping demand and price declines, the company expects its business will rebound in the second half of the year.
Samsung Electronics is facing a tough legal battle in the United States as it has been ordered by a jury to pay over $303 million to U.S. memory module company Netlist for infringing five patents. Given the Korean tech giant s first-quarter earnings were hit by a downturn in the global chip industry, the patent dispute compounds problems for the company, according to industry officials, Monday.
Tech giant Samsung Electronics will allow smaller domestic companies to use more of its royalty-free technologies to achieve shared growth, the industry ministry said Tuesday.
Samsung Electronics, the world s largest memory chipmaker, saw inventory held by its chipmaking division shot up 76.6 percent last year amid weak demand for chips around the globe, its annual report showed Tuesday. According to the report, its chipmaking unit s inventory reached 29.06 trillion won (US$22.3 billion) at the end of last year, up 12.6 trillion won from a year ago as demand for memory chips waned.