Sustainability Achievements
Samsung Electronics achieved a renewable energy transition rate of 93.4% in the DX division and reduced average power consumption by 31.5% in major products compared to 2019 levels. The new Galaxy models incorporate significant amounts of recycled materials, with 13.7% of the Z Fold7 and 18.2% of the Z Flip7's total weight being recycled materials.
Foundry Business Expansion
Samsung secured a $16.5 billion order from Tesla, which demonstrates the competitiveness of its advanced process capabilities. The Foundry business commenced full-scale mass production of new mobile products using the first-generation 2-nanometer process.
Memory Segment Growth
Sales in the Memory segment were driven by increased sales of high value-added memory products, which saw a bit growth increase for DRAM by low teens percentage and high 20% for NAND compared to the previous quarter.
AI and Robotics Market Growth
The gradual recovery of the IT industry is anticipated, fueled by increasing momentum in AI and robotics, with Samsung positioning itself to meet growing demand for AI-driven products.
M&A Strategy and Investments
Samsung made significant venture investments of over $120 million in around 40 companies, mainly in AI, robotics, and digital health, marking the largest half-year venture investment in its history.