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Samsung vows to triple AI memory chip supply in 2024

Samsung Electronics will increase the supply of high bandwidth memory (HBM) semiconductors, known simply as AI memory chips, by more than three times this year compared to 2023 to respond to soaring demand for generative AI services, the company said, Tuesday.

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Samsung makes strong comeback with 931% increase in Q1 earnings

While Samsung did not disclose detailed performance by business unit, industry experts estimate that the semiconductor business generated an operating profit of over 1.2 trillion won, marking a turnaround after five consecutive quarters of losses. This is attributed to the reduction in memory semiconductor production and the stronger-than-expected rise in chip prices.

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Creator of ChatGPT visits Samsung Electronics chip factory

Sam Altman, CEO of ChatGPT maker OpenAI, visited a Samsung Electronics semiconductor factory in Pyeongtaek, Gyeonggi Province, Friday, to discuss the joint development of chips for artificial intelligence (AI), according to industry officials.

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Industrial output, retail sales, investment all fall in October: data

Korea s industrial output fell in October on a marked decline in the production of the semiconductor sector, data showed Thursday.

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Industrial output, retail sales, investment all fall in October: data

Industrial output, retail sales, investment all fall in October: data
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