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

According to Korean media reports, Samsung Electronics held the "55th General Meeting of Shareholders" and "Shareholders Dialogue" at the Suwon Convention Center in Suwon, Gyeonggi Province. The company announced ambitious plans to regain its semiconductor business as the world's number one by 2027. This goal demonstrates Samsung Electronics’ ambitions in the semiconductor field and sets a clear direction for future development. Company leaders said they will continue to invest in R&D and innovation to strengthen their competitiveness in the semiconductor market and ensure that the company can maintain its leading position. This move by Samsung Electronics has attracted the attention of the industry, and people are looking forward to

At this meeting, Samsung shareholders attach great importance to the semiconductor business, because they have been unable to surpass SK in the field of high-bandwidth memory (HBM) Hynix. However, Samsung Electronics is not deterred. They expect semiconductor sales this year to exceed the level of 2022, and the storage semiconductor business will also regain its competitive advantage.

In addition, Samsung System Semiconductors are also constantly improving and have the ability to survive independently. In terms of semiconductor contract manufacturing (OEM), Samsung Electronics has established a solid business structure that is not affected by market fluctuations. In terms of finished product business, they are working hard to apply artificial intelligence (AI) technology to all product lines to expand the scope of application.

Jong-hee Han, head of Samsung Electronics' Device Experience (DX) Division, said: "Despite this year's uncertainty, we will strengthen the competitiveness of our existing businesses and continue to innovate in AI, customer experience and ESG and other aspects, and further improve the organization and promotion system to discover new products, new businesses and new business models earlier."

And Kyung-hyun, head of Samsung Electronics Device Solutions (DS) Department Kyung also said with confidence: "The semiconductor market size this year is expected to reach US$630 billion, and our DS field sales are also expected to return to the level of 2022. More importantly, we plan to regain global control within 2 to 3 years." Leading position in the semiconductor market."

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