Samsung Announces Record 110 Trillion Won AI Investment
Samsung Electronics announced plans Thursday to invest a record 110 trillion won, approximately 73 billion dollars, in research, development, and facilities this year, marking its largest annual spending commitment as it aims to bolster its position in the artificial intelligence chip market.
The investment, detailed in the company's 2026 corporate value enhancement strategy, represents a 22 percent increase from last year's 90.4 trillion won outlay and exceeds the 100 trillion won threshold for the first time. Most of the funds will target the Device Solutions division, which oversees Samsung's semiconductor operations, including memory chips and foundry services. The move comes amid surging global demand for AI infrastructure, driven by data centers and large language models that require advanced processors and high-bandwidth memory.
Samsung, the world's largest memory chip producer, is accelerating production to support multi-year supply contracts with key customers, shifting from the industry's typical quarterly or annual arrangements. Vice Chairman Jun Younghyun told shareholders at the company's annual general meeting this week that such agreements would provide...