SEOUL/SAN JOSE (Reuters) -Samsung Electronics said its contract manufacturing business plans to offer a one-stop shop for customers to get their AI chips faster, integrating its global memory chip, foundry and chip packaging services, to take advantage of the AI boom.
With customers working with a single communications channel that runs Samsung’s memory chip, foundry and chip packaging teams at the same time, the time needed to produce AI chips – typically weeks – has been reduced by about 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 of Foundry Business, at a Samsung event in San Jose, California.
Samsung expects global chip industry revenue to grow to $778 billion by 2028, driven by AI chips, Choi said.
(Reporting by Joyce Lee in Seoul and Max A. Cherney in San Jose; Editing by Diane Craft and Sonali Paul)
