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Samsung Electronics has announced a significant leadership reshuffle to strengthen its memory and foundry chip divisions, aiming to regain market competitiveness against rivals like SK Hynix and TSMC. The changes include appointing new executives and creating strategic positions to enhance technological capabilities and address challenges in the AI chip market, despite investor concerns reflected by a recent share price drop.
Samsung Electronics has announced a significant leadership reshuffle to strengthen its memory and foundry chip divisions, aiming to regain market competitiveness against rivals like SK Hynix and TSMC. The changes include appointing new executives and creating strategic positions to enhance technological capabilities and address challenges in the AI chip market, despite investor concerns reflected by a recent share price drop.