Samsung Electronics has nearly doubled its NAND Flash production in the second quarter of 2024 after hitting a low point in the fourth quarter of 2023.

South Korean memory giants Samsung Electronics and SK Hynix, in addition to High Bandwidth Memory (HBM), will also start the competition in smartphone LPDDR DRAM stacking.

Samsung Electronics Chairman Lee Jae-yong’s recent visit to India highlighted the country’s growing importance for the tech giant. Lee’s trip, from July 11 to 14, combined strategic business meetings with attendance at a high-profile wedding, marking a pivotal moment in Samsung’s commitment to expanding its footprint in the rapidly growing Indian market.

Amid the rapid growth of AI applications, Andrew Ng, founder of DeepLearning.AI and Managing General Partner at AI Fund, emphasizes that Generative AI (GenAI) encompasses much more than just chatbots, showcasing a diverse array of practical scenarios where the new technology can be applied.