Samsung Electronics: Semiconductor business will return to world number one in 2027

[CNMO Technology News] On March 20, according to Korean media reports, Samsung Electronics held the "55th Shareholders' Meeting" and "Shareholders Dialogue" at the Suwon Convention Center in Suwon, Gyeonggi Province, and announced an ambition Ambitious goal: By 2027, the company's semiconductor business will return to the world's number one position. At this meeting, Samsung shareholders attached great importance to the semiconductor business because they have been unable to surpass SK Hynix in the field of high-bandwidth memory (HBM). However, Samsung Electronics is not discouraged. They expect that this year's semiconductor sales will exceed the level of 2022, and the storage semiconductor business will also regain its competitive advantage.

In addition, Samsung System Semiconductor continues to improve its capabilities enough to develop independently. Samsung Electronics has established a solid business structure in semiconductor contract manufacturing (OEM) that is not affected by market fluctuations. In terms of finished product business, we are working hard to apply artificial intelligence (AI) technology to all product lines and expand the scope of application.

Jong-hee Han, head of Samsung Electronics’ Device Experience (DX) Department, said: “This year is full of uncertainties, but we will strengthen our existing business competitiveness and continue to innovate in AI, customer experience, ESG, etc. field, and improve the organization and promotion system to discover new products, new businesses and new business models earlier.” Kyung-hyun Kyung, head of Samsung Electronics’ Device Solutions (DS) Department, is also confident. Di said: "The semiconductor market size this year is expected to reach US$630 billion, and sales in the DS field are expected to return to the level of 2022. More importantly, it is planned to regain the leading position in the global semiconductor market within 2 to 3 years."# 🎜🎜#

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