Samsung’s (SSNLF) customers have praised the competitiveness of its next-generation high-bandwidth memory chips, or HBM4, saying “Samsung is back,” co-CEO and chip chief Jun Young-hyun said in a New Year address, Reuters’ Heekyong Yang and Hyunjoo Jin report. “On HBM4 in particular, customers have even stated that ‘Samsung is back’,” Jun said in remarks reviewed by Reuters, adding that the company still has work to do to further improve competitiveness.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SSNLF:
- TSMC Cleared to Send Chip Equipment to China amid U.S. Export Controls
- AI Demand Is Pushing GPU Prices Higher with Direct Impact On Nvidia (NVDA) Stock
- Midday Fly By: Meta buys AI startup Manus, Cvent to acquire On24
- Netlist says U.S. ITC votes to institute investigation into Samsung
- Samsung, SK Hynix gain license to ship chipmaking tools to China, Reuters says
