[News] Samsung Explores M&A to Drive Growth, Reaffirms Commitment to Foundry Business

Samsung Electronics held its shareholders’ meeting on the 19th, where the company outlined its strategy for future growth. According to Reuters, Samsung stated that it is exploring major deals to drive expansion after struggling to capitalize on the artificial intelligence boom, which contributed to weak earnings and underwhelming performance in recent quarters.

Merger and Acquisitions Plans

As Reuters highlights, Samsung is exploring “meaningful” mergers and acquisitions to alleviate investor concerns over growth prospects. According to the report, Vice Chairman & CEO Jong-Hee Han acknowledged that regulatory challenges and national interests make semiconductor M&A deals complex and difficult to execute. However, he emphasized that despite these hurdles, Samsung is determined to achieve significant advancements by 2025.

Samsung Reaffirms Commitment to Advancing Its Foundry Business

Meanwhile, despite recent market rumors suggesting that Samsung might cancel its 1.4nm node to mitigate losses in its foundry business, the company’s statements at its shareholders’ meeting suggest otherwise, according to Maeil Business Newspaper.

As the report highlights, Samsung Electronics is actively developing next-generation 1nm-class process technology to reinforce its competitiveness in the foundry sector. The company is committed to strengthening its leadership in advanced process nodes, building on its 3nm and 2nm Gate-All-Around (GAA) process innovations as part of its 1nm-class semiconductor technology roadmap.

Ambitions to Strengthen Its Memory Business

According to ZDNet, Samsung is determined to take significant steps to bolster its memory business. The company plans to double its HBM supply volume, develop custom HBM solutions to tap into the high-margin market, and expand its portfolio of high-performance, high-capacity SSDs to enhance the competitiveness of its NAND business.

Advancing Humanoid Development

Beyond its core business areas, Jong-Hee Han also outlined Samsung’s vision for robotics, as reported by ZDNet. He explained that the company is establishing a development feedback loop by integrating core technologies and data gathered from its manufacturing robots and kitchen robots into the development of advanced humanoid robots. This strategic approach aims to accelerate innovation and enhance Samsung’s capabilities in next-generation robotics.

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(Photo credit: Samsung)