South Korea's biggest home appliance makers, Samsung Electronics and LG Electronics, unveiled their strategies for artificial intelligence in homes at Europe's largest home appliance fair on Thursday, as per a report by Pulse, the English service of Maeil Business Newspaper Korea.
Samsung Electronics' USD 16.5 billion deal to manufacture Tesla's next-generation AI6 processors has gained new weight after Tesla shut down its Dojo supercomputing team, a move widely seen as a sign the electric carmaker will lean more on external chip partners.
As of 9:15am, Samsung was trading at 70,000 won (USD 50.45) on the Korea Exchange, up 1.74 per cent from the previous session, reclaiming the symbolic "70,000 club" status.
Samsung Electronics has landed a record USD 16.5 billion deal to produce Tesla's next-generation AI chips, known as the AI6, reports Korea Herald.
Tesla CEO Elon Musk announced on X (formerly Twitter) that Samsung's chip plant in Taylor, Texas, will be dedicated to manufacturing the AI6 chip
Stock prices of South Korea's leading chipmaker Samsung Electronics and crosstown rival SK Hynix have witnessed different trajectories, pricing in contrasting outlooks for their business prospects, as reported by the Korean Herald.
The recent decision by the United States to lift restrictions on Nvidia's AI chip exports to China is expected to significantly benefit South Korean chipmakers Samsung Electronics and SK hynix, particularly in the high-bandwidth memory (HBM) segment, as reported by The Korea Herald.
Samsung Electronics announced its second-quarter operating profit dropping by nearly 56 per cent compared to the same period last year, largely due to downturn in its semiconductor business and the impact of U.S. trade restrictions, as reported by the Korea Herald.
Samsung Electronics' Vice Chair Jun Young-hyun recently visited Nvidia in Silicon Valley, raising hopes that the company could soon supply its latest high-bandwidth memory (HBM) chips to the leading AI chipmaker, reports Korea Herald.
Samsung Electronics completed the development of its sixth-generation DRAM (Dynamic Random Access Memory), which is based on 10 nm-class process, moving closer to mass-producing its next-generation HBM4 memory, as reported by the Korea Herald.
Samsung Electronics began its semi-annual global strategy meeting on Tuesday, with an agenda to map out business plans for the second half, against the backdrop of a turbulent backdrop, as reported by the Korea Herald.
The global race to lead in next-generation 2-nanometer (nm) semiconductors is expected to intensify in the second half of 2025, with top foundries TSMC and Samsung Electronics preparing to begin mass production.
The Trump administration's expansion of steel tariffs to include household appliances with steel components has raised significant concerns for South Korean electronics giants Samsung Electronics and LG Electronics, according to reports by Korea Herald.