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Samsung Group is reportedly drawing up a long-term investment plan worth as much as 1,000 trillion won ($646 billion), as Korea seeks to turn its semiconductor and AI ambitions into a broader regional growth strategy. The plan, according to a local media report Friday, was discussed during a dinner meeting between President Lee Jae Myung and Samsung Electronics Chairman Lee Jae-yong at Cheong Wa Dae on Thursday. It is said to cover semiconductors, artificial intelligence, next-generation batteri
Samsung Electronics said Wednesday it has partnered with German digital clinical research organization Alcedis to develop ways of turning health data collected by wearable devices into evidence that can be used in pharmaceutical clinical trials. The collaboration aims to address one of the biggest challenges in digital health: converting the vast amount of biometric data generated by wearables into clinically meaningful indicators that can help evaluate the safety and effectiveness of new drugs.
Samsung Electronics reviewed plans to expand high-bandwidth memory shipments and secure long-term supply agreements with major AI customers at its global strategy meeting last week, as tightening memory supply and soaring AI demand boost the strategic importance of HBM, industry sources said Sunday. Samsung's Device Solutions division, which oversees its semiconductor business, held its session Thursday under Vice Chairman Jun Young-hyun. According to the sources, executives discussed supply pla
Samsung Electronics used its twice-yearly strategy meetings this week to map out a turnaround for its consumer products business, betting on artificial intelligence and a retreat from low-margin markets to revive a division dwarfed by its booming chip operation. The meetings ran on Tuesday and Wednesday at Samsung's Suwon, Gyeonggi Province, campus under co-CEO Roh Tae-moon, who heads the Device eXperience division that includes the smartphone and TV business, working through the mobile, visual
Rainbow Robotics, the robot maker controlled by Samsung Electronics, has placed its mobile dual-arm robot RB-Y1 inside a Coupang fulfillment center, where the e-commerce company is running a trial to see whether the machine can handle warehouse work, according to a report Sunday by ETNews. The test checks how reliably the robot runs and how efficiently it sorts and moves goods, ETNews said, citing industry sources. A large order is expected to follow if the robot passes. None of the three compan
Samsung Electronics is reportedly in talks to make a key portion of one of Google's most advanced future artificial intelligence chips. The deal would give the South Korean company a role in a supply chain as the industry is being forced to widen, with Taiwan Semiconductor Manufacturing Co. running out of capacity to meet demand. Google is considering using Samsung's 2-nanometer process to produce a memory input-output die for its 10th-generation tensor processing unit, the in-house chip Google
Samsung Electronics’ long-struggling foundry business is showing signs of a rebound, as improving yields, rising utilization and a string of high-profile AI chip projects raise prospects for a possible return to profit as early as the third quarter. The momentum is being driven by Samsung’s push to turn its combined strengths in logic, memory and packaging into an edge in custom artificial intelligence chips, with tight capacity at TSMC giving global tech customers more reason to diversify suppl
Samsung Group is launching a sweeping artificial intelligence initiative across its affiliates, allowing employees to use external generative AI tools such as ChatGPT, Gemini and Claude as the conglomerate seeks to overhaul the way it operates. The group said Tuesday that the tools will be rolled out this month to boost productivity in areas including software development and marketing. But for Samsung, whose businesses span semiconductors, smartphones, displays, home appliances and consumer ele
Samsung Electronics' largest labor union has lost its majority status just two months after winning legal recognition, as workers in the company's non-chip division quit to protest a wage deal that favored semiconductor employees. The Samsung Electronics branch of the Samsung Group Employees' Union had 58,270 members as of 3 p.m. on Thursday, according to the union. That is down by nearly 18,000 from more than 76,000 at the end of April, when it held a rally to vote on a strike. Samsung Electron
Samsung Electronics unveiled a mockup of its HBM5 memory and a new heat-management technology at Computex 2026, signaling its ambition to regain momentum in the artificial intelligence memory race as competition with SK hynix intensifies. At the annual technology exhibition in Taiwan on Tuesday, Samsung showcased the planned architecture of its seventh-generation high-bandwidth memory, or HBM5, featuring a new thermal solution called Heat Path Block designed to improve heat dissipation in increa
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