Samsung Japan research center

Chip Up: Samsung eyes pre-downturn profits in 2024

Samsung suffered losses in its chip business, which used to be one of its most profitable sectors, which recently faced a tough situation. Although it seems disappointing nowadays, in the future we will be able to look at it positively! Sharing at the dividend meeting that they expect the chip revenue base to be at 2022 levels this year, co-CEO Kyung Ki-hyun said they will be able to do so by the end of this year. ,

This critical point is largely driven by Apple’s use and success of memory chips designed for AI. Businesses based on these chips are fundamental to AI systems; And with the development of AI, Samsung is here to rule as the company in this field.

However, merely recovering from the current situation is a poor ambition for Samsung. Kye-Hyun, head of the segment, said the company intends to go global solely through semiconductors over the next several years. It is also telling that they are number 2 on the list of semiconductor revenues generated by Intel.

Samsung has not only overcome the obstacles it has faced but has not taken a step back in its process of changing the world of mobile phone design. To say goodbye to this problem, K-Hyun thought that Samsung should focus on its position in the market of high-performance memory, which is led by SK Hynix. He said Samsung was also going through similar market conditions, but the company was determined in its effort to regain its lead.

One sign that youngsters are improving is when they slowly start leaving me to do simple things on their own. The newcomer (Micron) has already gained a foothold in Nvidia’s business with the HBM3E. They plan to do so as the future of the technology (collaboration to provide state-of-the-art memory solutions with features like advanced processing capabilities) (they explore collaboration to provide state-of-the-art memory solutions with features like advanced processing capabilities) are going).

After being aggressively positioned, Samsung’s chip business division has made a strong start to 2024 and beyond, with AI market disruption already underway. Be it investors or technology lovers, one will keep an eye on both these giants alike and follow their every move to prove that they are the best in the fast-evolving world of semiconductors.

Blight Mojave
Blight is an aspiring Samsung enthusiast and technology aficionado, dedicated to exploring the extraordinary realms facilitated by cutting-edge innovations. He is passionate about Artificial Intelligence (AI) and its potential to transform industries, enhance human experiences, and shape a better future. Fascinated by the delicate beauty and he is captivating essence of flowers, finding solace in their presence. He is constantly seeking knowledge and growth, eager to connect with like-minded individuals and build meaningful relationships.
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