PYMNTS.com February 3, 2025
On the heels of mixed results from its fourth-quarter and full-year performance, the 2025 outlook from Samsung officials includes focusing on artificial intelligence (AI) and smart home technologies to drive growth amid challenging market conditions.
Despite achieving record sales of $76.4 billion in semiconductor revenue for 2024, Samsung faces difficulties keeping pace in the highly competitive AI chip market. The company’s mobile division saw a 25% decline in operating profits, while its TV business experienced an even sharper 60% drop. Samsung is placing big bets on AI and smart home technologies to regain momentum.
Doubling Down on AI Home Devices
Samsung is doubling down on AI-powered home devices, including its high-bandwidth memory chips designed to optimize AI processes, which will...
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