Samsung Electronics has appointed Young-Hyun Jun as the new head of its semiconductor division, replacing co-CEO Kye-Hyun Kyung. This strategic move comes as Samsung aims to strengthen its market competitiveness and address a 'chip crisis' amid a booming market for AI chips. The company has been struggling to catch up with SK Hynix, a key competitor in the high bandwidth memory (HBM) sector, which is crucial for AI applications and supplied to Nvidia. Over 20% of Samsung and SK Hynix's DRAM production lines have been converted to produce HBM. The leadership change is expected to help Samsung diminish the gap in market share and better compete in the AI chip market. Young-Hyun Jun, a veteran executive, is expected to bring significant expertise to the role.
Samsung names new CEO (Device Solution) as company loses market share to SK hynix, hopes to retake ground as #AI demand for #memory increases Samsung has a dual-CEO system, with one CEO over the semiconductor business and the other over device experience https://t.co/JhAwWupjsR
Samsung names new CEO as company loses market share to SK hynix, hopes to retake ground as AI demand for memory increases https://t.co/oVQUzWcPHC https://t.co/7iAsMl3Jks
Samsung replaces semiconductor boss after it falls behind in critical AI chip market. https://t.co/vGtkQeH8v8
Hunger for more HBM capacity could cause shortage DRAM-a https://t.co/iS6BaNGVA2
#Samsung has today announced Young Hyun Jun as the new head of its semiconductor business. https://t.co/pdqZTfA9ym
Who is Samsung’s new chips chief? https://t.co/pdqZTfA9ym
Samsung replaces semiconductor chief as it chases AI chip rivals https://t.co/lOFc3Yn52W
#FPTech: Samsung appoints veteran executive as new chief of semicon business to take advantage of AI boom https://t.co/2qxyVpvHa1
Samsung replaced the chief of its semiconductor division in a bid to overcome a ‘chip crisis,’ amid a booming market for AI chips where the world's biggest memory chipmaker has lagged peers https://t.co/WEwMyk45fx
Samsung replaced the chief of its semiconductor division in a bid to overcome a ‘chip crisis,’ amid a booming market for AI chips where the world's biggest memory chipmaker has lagged peers. More here: https://t.co/6bjjemvINA
Samsung Electronics announced it has appointed Jun Young-hyun as the new head of its semiconductor business in an apparent move to strengthen its market competitiveness. https://t.co/1pzSfPXLQf
Samsung Electronics names new chief for semiconductor business as AI chip race heats up https://t.co/ihev2RDvxT
Samsung Electronics Appoints New Chief for Chip Business https://t.co/3IXgYB4Ps5
Samsung Electronics picks veteran executive to tackle ‘chip crisis’ amid AI boom #Samsung https://t.co/EdcByeFAv6
Samsung names new chip unit head as AI race heats up https://t.co/wEE9TTwUUk
BREAKING: Samsung names new chip unit head as AI race heats up https://t.co/GZR4wKpsGO
Samsung Electronics names Young-Hyun Jun as the head of its semiconductor arm, replacing co-CEO Kye-Hyun Kyung, who will oversee its business planning team (@yoolimleenews / Bloomberg) https://t.co/JhcNCfn7ao 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/LwOshk0RRl
Samsung has appointed a new chief for its chip division in a strategic move to compete against Hynix, with the aim of diminishing the gap in market share.
Samsung Electronics appoints new chief for chip business https://t.co/YKPRNQivO9 https://t.co/kFS9RpZF0s
Samsung Electronics replaces the head of its chip division and most important business as it looks to catch up with SK Hynix in the booming AI arena https://t.co/lLTOCCtXuH
Samsung sacks its chip-division chief as the company struggles to catch up with runner-up SK Hynix in high bandwidth memory, a key AI component supplied to @nvidia https://t.co/IMvg6wKKGY
Samsung Electronics Appoints New Head Of Chip Division
https://t.co/MyEt2BMiGo According to the Korea Economic Daily, Samsung and SK Hynix have converted over 20% of their DRAM production lines to produce HBM. yeah lets go for supply!
SK Hynix has stopped producing DDR3 DRAM chips and Samsung told clients it will end sales of the older memory chips at end-2024 as the two South Korean giants focus output on cutting edge DDR5 DRAM and HBM chips, media report, adding DDR3 prices jumped 20% on the news. Higher…