Samsung Electronics announced an estimated third-quarter revenue of 9.1 trillion won (about $6.78 billion), lower than the market estimate of 10.3 trillion won.

Samsung's HBM3E has passed NVIDIA's certification tests and is now in mass production, with shipments set to begin next quarter.

Samsung Electronics plan to invest in GPUs，marking Samsung's expansion from its traditional storage and foundry business into new areas.

Japanese METI will provide an additional financial support of ¥590 billion (approximately $3.89 billion) to domestic chip manufacturer Rapidus in FY2024, aiming to promote the development of domestic advanced semiconductor industry.

Although Samsung's 3nm process yield has tripled, it is still far from TSMC's 3nm technology.

At MWC2024 Mobile World Congress, Glory CEO Zhao Ming revealed at MWC that Glory will release a foldable flip phone this year, and is developing a parallel product with a smart watch - a smart ring, which can be connected and coordinated with health applications through smart devices.。Zhao Ming also pointed out that this product will be used in conjunction with applications that support artificial intelligence. Professional training courses can be tailored.。In addition, on the first day of Mobile World Congress 2024, Samsung unveiled its new high-profile Galaxy Ring smart ring and launched health tracking features including heart rate and sleep monitoring.。And according to a list recently published by the U.S. Trademark and Patent Office, Apple has obtained a patent for a smart ring / finger cuff that wants to allow the wearer to touch and feel virtual things in spatial computing。

Samsung Electronics announced on the 17th that semiconductor department (DS) executives held an emergency meeting and decided to freeze the salaries of executives below the president。This is the first time the company has frozen executive pay since 2015.。Samsung Electronics explained: "Management and executives have reached a consensus that there is an urgent need to take special measures and lead by example to deal with the deteriorating business performance."。Samsung Electronics DS division accumulated a loss of more than 12 trillion won in the third quarter of last year。Industry expects cumulative operating loss of about 13 trillion won last year, record loss。

According to industry sources, Samsung Display issued an internal announcement stating that the group headquarters has made a major strategic adjustment and will completely stop the OEM of displays produced in China in the fourth quarter of 2023 and shift subsequent supply to factories in Vietnam.。The release of this announcement means that Samsung Display will completely bid farewell to Chinese manufacturing, and its production capacity and supply chain system will be transferred to Vietnam.。Sources revealed that the transfer of Samsung Display's factory in China has long been carried out in the dark, and a number of Chinese companies in its supply chain have also planned to follow Samsung's transfer of production molds and continue to cooperate with Samsung.。

On Monday, the South Korean president's office said the United States had approved Samsung Electronics and SK Hynix to supply U.S. chip equipment to their Chinese factories without a separate approval process, media reports said.。The move is a waiver from broader U.S. restrictions banning the export of advanced chip-making equipment to China.。This means that the biggest economic and trade problems facing Korean semiconductor companies have come to an end, and the uncertainty of Korean semiconductor companies' operations and investments in China has been greatly eased.。

On May 12, OpenAI said that Web browsing and plug-ins are now available in beta and will be launched this week for ChatGPT Plus users, who can experience experimental new features first.。Earlier, Google also announced that its product Bard, which is benchmarked against ChatGPT, will be upgraded.。

Recently, a jury in Marshall, Texas, ruled that the "memory module" used by Samsung Electronics in the field of high-performance computing deliberately violated five patents owned by Netlist, an American computer storage company.。As a penalty, Samsung Electronics was fined 3.3 billion U.S. dollars (about 400 billion won)。however, the incident caused resentment in the south korean media。Some South Korean media said: "Samsung Electronics made only 600 billion won in the first quarter, but it has to pay a fine of 400 billion won to the United States."？

The South Korean government says it will invest about $422 billion in chips and electric vehicles by 2026 to strengthen its own supply chain, and large South Korean companies, including Samsung Electronics, will join the investment plan.