Samsung: focusing on chips and AI for future changes in 2024

Samsung Electronicsrecently announced its strategic priorities for 2024, emphasizing that it will strengthen the company's competitiveness through technological superiority and adaptability to future changes. Co-CEOs Han Jong-hee and Kyung Gye-hyeon said they will prioritize strengthening basic competitiveness, including super gap technology, and urged thethe belt of OrionElectronics' chip manufacturing division widens the technology gap with competitors to further strengthen its market position.

in the wake ofartificial intelligence (AI)The rapid development of technology, Samsung believesAIwill be a key driver of industrial change in the future. As a result, they are calling for a fundamental shift in mindset and the application of generative AI to workflows to cope with future changes. This shows that Samsung is actively laying out the AI field, seeking to dominate the competition in the future.

In addition, Samsung emphasizes the importance of environmental practices and lifestyle innovations. They believe that, with the society's growing concern for sustainable development, environmental protection will become a responsibility that enterprises cannot ignore. At the same time, as consumers' demand for quality of life improves, lifestyle innovation will also become an important direction for corporate development.

Samsung's 2024 strategy focuses on highlighting the importance of technological superiority, adapting to future changes and sustainability. By strengthening its presence in chip manufacturing and AI, as well as focusing on environmental practices and lifestyle innovations, Samsung is striving to enhance its competitiveness and meet future challenges. This strategic realignment will help Samsung maintain its leading position in a highly competitive market and lay a solid foundation for future growth.

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