Samsung Electronics is bracing for a challenging annual general meeting as shareholders express frustration over the company's inability to capitalize on the AI boom. The tech giant's stock performance has suffered significantly, making it one of the worst-performing tech stocks last year. Key executives, including Co-CEO Han Jong-hee, will address concerns about the company's strategies and technological setbacks.
Internal discussions reveal that Samsung acknowledges a loss of its technological edge, particularly in the semiconductor sector. The company is struggling to compete with rivals like SK Hynix and TSMC, which have outperformed it in critical areas such as high bandwidth memory chips. With a significant drop in stock value and ongoing challenges from U.S. tariffs, Samsung's future growth strategies are under intense scrutiny.
• Samsung's stock dropped nearly a third last year amid AI chip struggles.
• The company faces significant challenges from U.S. tariffs affecting its sales.
AI refers to the simulation of human intelligence in machines, crucial for advanced computing tasks.
HBM is a type of memory used in AI graphic processing units, where Samsung is currently lagging.
Samsung is a leading tech company facing challenges in AI chip production and market competition.
SK Hynix is a competitor in the semiconductor market, excelling in high bandwidth memory technology.
TSMC is a major player in contract chip manufacturing, gaining market share over Samsung.
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