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Samsung offers plan to speed up delivery of AI chips
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Samsung offers plan to speed up delivery of AI chips
Jun 12, 2024 3:42 PM

SEOUL/SAN JOSE, June 12 (Reuters) - Samsung Electronics ( SSNLF )

said its contract manufacturing business plans to

offer a one-stop shop for clients to get their AI chips made

faster, integrating its global No. 1 memory chip, foundry, and

chip packaging services, to harness the AI boom.

With clients working with a single channel of communication

that directs Samsung's memory chip, foundry and chip packaging

teams at once, the time it takes to produce AI chips - usually

weeks - has been cut by around 20%, Samsung said on Wednesday.

"We are truly living in the age of AI - the emergence of

generative AI is completely changing the technology landscape,"

said Siyoung Choi, President and General Manager, Foundry

Business, at a Samsung event in San Jose, California.

Samsung expects global chip industry revenue to grow to

$778 billion by 2028, boosted by AI chips, Choi said.

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