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Samsung offers plan to speed up AI chip delivery

The Straits Times

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June 14, 2024

Samsung Electronics said its contract manufacturing business plans to offer a one-stop shop for clients to get their artificial intelligence (AI) chips made faster.

With clients working with a single channel of communication that directs Samsung's global No. 1 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 per cent, Samsung said on June 12.

"We are truly living in the age of AI - the emergence of generative AI is completely changing the technology landscape," said Dr Choi Siyoung, president and general manager at Samsung's foundry business, at a company event in San Jose, California.

Samsung expects global chip industry revenue to grow to US$778 billion (S$1.05 trillion) by 2028, boosted by AI chips, Dr Choi said.

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