Samsung Chip

Samsung has raised prices of key memory chips by up to 60 per cent as AI data centres drive huge demand, causing a global shortage and pushing up costs for servers

Samsung Electronics on Thursday reported a 32.5 per cent increase in operating profit for the third quarter, driven by rebounding demand for its computer memory chips, which the company expects will continue to grow on the back of artificial intelligence. The South Korean technology giant set a new high in quarterly revenue, which rose nearly 9 per cent to 86 trillion won (USD 60.4 billion) for the July-September period, fuelled by increased sales of semiconductor products and mobile phones. Samsung, which has dual strength in both components and finished products, said it expects the demand driven by AI to further expand market opportunities in coming months. SK Hynix, another major South Korean chipmaker, also reported a record operating profit of 11.4 trillion won (USD 8 billion) on Wednesday, which it also described as AI-related growth. Samsung's operating profit of 12.2 trillion won (USD 8.6 billion) in the last quarter marked a 160 per cent increase from the previous quarter,

TSMC, SK Hynix and Samsung Electronics have, until now, benefited from exemptions to sweeping restrictions that the US has imposed on chip-related exports to China

Trump administration's move would revise what's known as the validated end user, or VEU, rules, handicapping the ability to make chips in China and jeopardizing it's access to certain technologies

Samsung launches Galaxy Z Flip 7 in India with 4.1-inch cover display, Exynos 2500, AI features, DeX support, and 4,300mAh battery. Priced from Rs 1,09,999. Here's a closer look at the details

The disappointing results underscore how South Korea's largest company has ceded leadership in the AI market to SK Hynix Inc. in the post-ChatGPT infrastructure boom

Samsung's earnings were dented by rising research and development costs and the ramp-up of manufacturing capacity for advanced chips

A slew of analysts have cut their earnings estimates in recent weeks, with some expecting operating profit to fall below 8 trillion won

Samsung named Jun Young-hyun as its co-CEO as well as head of its memory chip business and appointed Han Jin-man as company president and head of the foundry business

The Dutch company did not name clients who have delayed their fabs. Reuters is the first to report that Samsung has pushed back deliveries of some ASML equipment

Samsung's late response to the AI chip market increases its reliance on traditional, lower-margin chips, making it more vulnerable to competition from China and slowing demand for smartphones and PCs

Many workers wearing Samsung's blue-colour uniform shirt were seen sitting inside a makeshift tent outside the factory

The South Korean technology giant's 12-layer version of HBM3E chips, however, has yet to pass Nvidia's tests, the sources said, declining to be identified as the matter remains confidential

Meta's Mark Zuckerberg invited Jay Y Lee to his home on Tuesday and their discussions spanned AI as well as virtual and augmented reality, Samsung said in a statement

The reasons for Samsung failing Nvidia's tests are being reported for the first time

Analysts have estimated Samsung is likely to begin making 4-nanometer chips at its pilot production line and eventually expand to 2-nanometer chips

The announcement will cap off a string of major Chips and Science grants in quick succession as the US seeks to expand domestic chip production

Korea's largest company reported a 35% fall in operating income to 2.8 trillion won ($2.1 billion), about 24% shy of estimates. Revenue slid more than anticipated to 67 trillion won

Incorporating AI directly into imaging sensors is expected to result in improving image quality while lowering both latency and power consumption

Revisions to TSMC's and Samsung's plans would mean their new plants, worth tens of billions of dollars, may only come online after the US presidential election next year