After missing the AI boom – badly – Samsung shuffles the C-Suite

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After missing the AI boom – badly – Samsung shuffles the C-Suite
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Memory and foundry businesses get new leaders as Chaebol seeks to enter HBM heaven

Generative AI has created a once-in-a-generation surge in memory sales and semiconductor production – which Samsung Electronics has managed to flub, leading to a Wednesday announcement that it's named new senior leadership for its memory and foundry businesses.– thanks in part to what EVP for Memory, Jaejune Kim, described as"commercialization delays" afflicting the fast HBM memory needed to make AI sing.

Samsung's foundry biz, meanwhile, has created the role of chief technology officer and named Seok Woo Nam in the role.

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