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Samsung's chip inventory up 77% last year amid slump

Samsung Electronics, the worlds largest memory chipmaker, saw inventory held by its chipmaking division shot up 76.6 percent last year amid weak demand for chips around the globe, its annual report showed Tuesday. According to the report, its chipmaking units inventory reached 29.06 trillion won (US$22.3 billion) at the end of last year, up 12.6 trillion won from a year ago as demand for memory chips waned.
Gyeonggi Province Courtesy Of Samsung Electronics Samsung Electronics Samsung Electronic Gyeonggi Province Memory Chip South Korea

Samsung, Naver to develop AI chip solutions

Samsung Electronics decided to work together with Naver, the countrys top internet company, in developing artificial intelligence (AI), they said Tuesday. The two companies goal is to develop new semiconductor solutions that will lead to innovation in the emerging AI industry and further boost the countrys AI capabilities to compete with global big tech firms.
South Korea Chung Suk Geun Baek Byung Yeul Samsung Electronics Executive Vice Samsung Electronics Samsung Electronics Executive Vice President

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China's top memory chip maker YMTC takes latest step to become a global market leader, but US sanctions could derail its ambitions

YMTC is poised to become a tech leader in its market segment after releasing โ€˜the first 200+ layer 3D NAND Flashโ€™ chip on the market, ahead of rivals Samsung, SK Hynix and Micron.
China General Yangtze Memory Technologies Co Hangzhou Hikvision Digital Technology Co Hangzhou Hikvision Digital Technology Memory Chip Us Government
Source: scmp.com

[ANALYSIS] Excess inventory weighs on leading tech firms in Korea

During the peak of the COVID-19 pandemic, leading Korean technology companies largely benefited from consumers staying at home and purchasing products to make their lives more comfortable. Now, as developed and emerging economies continue to emerge from the pandemic, such consumption patterns have changed. Consumers in the United States, one of the top markets for Korean manufacturers of high-tech products, are changing their buying habits to cope with the highest inflation levels seen in about ...
Soult Ukpyolsi South Korea United States Republic Of Kim Yoo Chul Kim Yong Jin

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