January 4, 2024 /SemiMedia/ -- According to reports, the price drop of memory chips after 2022 caused Samsung's semiconductor division to suffer a loss of US$10 billion in 2023. In 2024, Samsung hopes to reverse the situation and aims to obtain 11.5 trillion won (approximately US$8.8 billion) in operating profits from the chip business.

The report pointed out that artificial intelligence is becoming the driving force for Samsung's memory chip sales, and the demand for high-profit HBM (high-bandwidth memory) will increase as a result. The recovery of smartphones and PCs will also drive the growth of other DRAM demand.

Samsung's current share of the global HBM market is approximately 47%. Supply chain sources said there are even buyers willing to spend US$1 billion on HBM pre-orders.

In addition, Samsung is expected to continue cutting NAND production to further increase price-guaranteed profits.