Samsung Electronics Targets Expansion with Strategic M&A in AI and Robotics

Samsung Electronics has announced a strategic commitment to mergers and acquisitions (M&A) in pursuit of growth in sectors such as artificial intelligence (AI), robotics, and meditech. At the 56th shareholders' meeting, Vice Chairman Han Jong-hee highlighted the necessity to secure new technologies amidst rising global technological competition. Acknowledging past shortcomings in M&A success, Han vowed to focus on more meaningful acquisitions this year. Emphasizing its resolve to reclaim leadership in the AI semiconductor industry, particularly to compete against SK Hynix and Micron in the high-bandwidth memory (HBM) space, Samsung Electronics has positioned itself for aggressive market action. Jeon Young-hyun, head of the Device Solutions Division, stressed the need to avoid previous delays in the AI semiconductor market response and highlighted upcoming developments, including HBM4. Market analysts, including Morgan Stanley, have responded positively, raising profit forecasts for Samsung's semiconductor division significantly in anticipation of these strategic moves.