Samsung Electronics predicts that demand for artificial intelligence will remain robust, leading to a tightening of supply for certain high-end chips. This mirrors the trend seen among competitors, who are also capitalizing on the resurgence of the global memory chip market after a period of decline.
On Wednesday, Samsung reported its fourth consecutive quarter of declining profits, marking the end of a challenging year that also saw it relinquish its title as the world's leading smartphone manufacturer.
On Wednesday, Samsung revealed its newest series of Galaxy smartphones, showcasing a range of integrated AI features. The goal is to broaden the attractiveness of its Android devices and reclaim the top position in global phone sales from Apple.