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What we’ll cover together:

🗞Breaking News: Samsung's A.I. Moment: Is It Ready to Take on the Competition?

💡 Tips&Tricks: Midjourney V5.2 just introduced a new feature (Panning)

⚙️ AI Tools Kit: 3 AI tools to master product management

📸AI-generated pictures: Samsung's Evolution through Products and Innovation (1938–Now)

Reading time: 5 minutes

🗞 Breaking News

Samsung's A.I. Moment: Is It Ready to Take on the Competition?

Samsung Electronics, the South Korean tech giant known for its high-tech consumer products, is making a bold move to tap into the lucrative market of AI. With its world-leading memory chip business and semiconductor foundries, Samsung has the resources and expertise to make a significant impact in this field.

Samsung's Ambitions: Chasing TSMC in the Chip Race

Foreign investors are showing immense confidence in Samsung's AI prospects, with $8 billion worth of shares purchased on the South Korean stock market this year. With that in hand, the tech giant aims to challenge Taiwan Semiconductor Manufacturing Company (TSMC) and become a major player in chip manufacturing.

However, TSMC currently holds approximately 60% of total revenues in the global foundry business, while Samsung lags behind at 13%. Can Samsung bridge this gap and secure a larger market share?

While Samsung has excelled in smartphones and high-resolution televisions, skeptics doubt its ability to establish the same level of dominance in generative A.I. One notable setback was Nvidia's decision to select SK Hynix over Samsung as its supplier for high-powered memory chips.

Samsung's Pledge

Despite the doubts, Samsung remains determined to lead the AI revolution. The company invested $7.4 billion in its chip business in the first quarter of this year. It also aims to collaborate with the government on a $230 billion project to establish a chip-making "mega-cluster" in South Korea within the next 20 years.

Mr. Kyung, the company’s president, went on to vow that Samsung’s memory chips would become a 'core' of AI supercomputers by 2028. 'We can outperform TSMC within five years,' he said.

Samsung's journey presents both opportunities and challenges. As foreign investors show faith in its potential, Samsung faces the uphill task of catching up with established competitors and overcoming technological hurdles. But just like an AI algorithm, Samsung is determined to break through barriers and leave its mark!

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💡Midjourney V5.2 Newest Feature

⚙️ AI Tools Kit

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📸 AI-Generated Images

Samsung's Evolution through Products and Innovation (1938–Now)

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