In another filing, Korea’s largest company confessed to delays in delivering a key type of chip used with Nvidia processors for training AI — allowing SK Hynix to dominate the so-called high-bandwidth memory arena.
Samsung Electronics issued an apology to investors for disappointing results, admitting that the once-dominant memory chip giant is grappling with a potential crisis after losing its way.
Jun Young-hyun, newly appointed head of the core semiconductor business, promised to overhaul the organisation in an unusually frank statement issued after Samsung disclosed worse-than-projected revenue and profit.
