Generative AI has created a once-in-a-generation surge in memory sales and semiconductor production, but Samsung Electronics has struggled with delays, prompting leadership changes.
Samsung's EVP for Memory, Jaejune Kim, acknowledged the company's struggles, citing 'commercialization delays' in the HBM memory necessary for AI technologies.
The appointment of Young Hyun Jun as CEO of Memory Business aims to revitalize Samsung’s position in the market after recent profit declines.
Samsung’s Future Business Division will spearhead the production of HBM4 memory, critical for Nvidia's upcoming GPUs, addressing previous production setbacks.
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