All posts tagged: Elec

Samsung Elec regrets collapse of pay talks with union, says to continue dialogue

Samsung Elec regrets collapse of pay talks with union, says to continue dialogue

SEOUL, May 13 : Samsung Electronics said on Wednesday it regretted the collapse of pay deal talks with its South Korean union, flagging concerns that it could heighten anxiety among employees, shareholders and the public. The company said it would continue efforts to prevent a worst-case scenario through what it described as “sincere dialogue” with the union. The union leader said earlier on Wednesday that it failed to reach a pay deal with the company, warning that more than 50,000 workers could go ahead with a full strike for 18 days from May 21 that threatens to disrupt production of AI and other chips. Source link

Samsung Elec and AMD sign MoU on AI memory, explore foundry partnership

Samsung Elec and AMD sign MoU on AI memory, explore foundry partnership

SEOUL, March 18 : Samsung Electronics and Advanced Micro Devices (AMD) signed a memorandum of understanding to expand their strategic partnership on memory chip supplies for artificial intelligence infrastructure, the companies said on Wednesday. The agreement will focus on supplying Samsung’s next-generation high-bandwidth memory (HBM4) for AMD’s upcoming Instinct MI455X AI accelerators, as well as optimised DDR5 memory for AMD’s sixth-generation EPYC processors, they said in a statement. The companies will also discuss opportunities for a foundry partnership, under which Samsung could provide contract chip manufacturing services for next-generation AMD products. Under the agreement, Samsung will position itself as a key HBM4 supplier for AMD’s next-generation AI GPUs. The South Korean firm has already been a primary HBM supplier for AMD, supplying HBM3E chips used in AMD’s MI350X and MI355X accelerators. The agreement comes during the week of Nvidia’s annual developer conference GTC, where CEO Jensen Huang on Monday announced a foundry partnership with the Korean firm and praised its HBM4 chips. The tie-up highlights a broader race among global chipmakers to lock in long-term …