NG Solution Team
Technology

Is Samsung’s chip division reclaiming its cash cow status?

After facing challenging quarters, Samsung’s semiconductor division is once again emerging as a significant profit driver for the company. This resurgence is fueled by heightened interest in cutting-edge chipmaking technologies and a strong demand for memory products. As the division’s importance to Samsung’s growth trajectory intensifies, Chairman Jay Y. Lee recently visited the semiconductor facilities in Giheung and Hwaseong. His visit aimed to assess the competitiveness of Samsung’s next-generation semiconductor technologies and to motivate the workforce.

This visit is pivotal as it will shape the company’s growth strategy for the upcoming year, incorporating insights gained from the chairman’s observations. The semiconductor market’s favorable conditions, including a surge in memory prices, have benefited Samsung, a leading industry player. The company has secured substantial orders for its 2nm advanced chipmaking process from clients such as Tesla and Apple, with potential interest from NVIDIA and Intel for its established processes.

During the visit, discussions on industry trends and future strategies took place with key executives, including DS Division Manager Young-hyun Jeon and CTO Jae-hyuk Song.

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