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A two-week lengthy enterprise journey to the US by Samsung Electronics govt chairman, Lee Jae-yong, lately concluded with high-profile conferences with the heads of Meta, Amazon and Qualcomm.
As The Korea Instances reported the principle function of those discussions was to broaden tech partnerships between the world’s main analysis establishments and discover how they construct future-oriented enterprise fashions, particularly within the space of AI.
Whereas in Palo Alto, California, Lee visited Mark Zuckerberg, founder and CEO of Meta, at his residence. The bilateral session between the 2 targeted particularly on AI, digital and augmented actuality, and methods to reinforce technological partnerships in AI, future ICT, and software program industries. This go to got here 4 months after Zuckerberg’s final journey to Seoul, which corroborated the rising partnership between the 2 know-how titans.
The next day, Lee held discussions with Amazon CEO Andy Jassy, specializing in strengthening partnerships in generative AI and cloud computing. Amazon, a key chip associate for Samsung, has lately made important investments within the generative AI sector, concentrating on growing cloud-based AI companies. Samsung famous that their collaboration with Amazon extends past semiconductors to incorporate TVs, cellular units, and content material, indicating a broadening scope of their partnership.
Lee additionally met with the pinnacle of U.S. chipmaker Qualcomm to barter a partnership aimed toward collectively growing next-generation chips for synthetic intelligence and telecommunications. Extra particularly, Samsung makes use of Qualcomm to produce the cellular utility processor for its Galaxy lineup; Qualcomm is famend for its low-power-consumption chipsets, such because the Snapdragon. The settlement expanded the 2 corporations’ alliance by extending it to incorporate AI PCs and different cellular platforms.
Whereas on his journey, Lee additionally met with prime brass from world fabless and system-on-chip corporations and shared his ideas on the way forward for semiconductors. This has main implications not just for Samsung but additionally for South Korea’s tech trade and financial system as a complete.
On condition that South Korea is a tech superpower, partially due to this trade’s participation, Samsung’s world partnerships might assist additional safe their place as a key participant in know-how. The Korean authorities goals to nurture innovation capabilities and strengthen linguistically-specialised neural network-based AI and superior know-how industries, that are additionally in step with this coverage.
Simply after finishing a enterprise journey, Lee wrote that one of the best ways ahead is to leverage the agency’s strengths.
High-ranking officers and heads of abroad places of work of Samsung Electronics will maintain a worldwide technique assembly later this month. The insights from Lee’s U.S. journey are anticipated to be instrumental in constructing the corporate’s roadmap. Samsung’s prime administration will search to beat such burdens and challenges as they work to convey their imaginative and prescient on the remaining assembly, deciding on particular enterprise methods to keep up company well-being amid political and financial uncertainties.
The outcomes of Lee’s latest US conferences are anticipated to play a vital position in formulating Samsung Electronics’ strategic path. This proactive method demonstrates the corporate’s dedication to sustaining its aggressive edge within the quickly evolving tech trade, each domestically and internationally.
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