Samsung’s system chip head says M&As needed for non-memory goal

http://www.koreaherald.com/view.php?ud=20190618000644

Samsung’s system chip head says M&As needed for non-memory goal

“It’s impossible to expect organic growth to become the top player in this field,” Kang said. “We will consider both small and big M&As to secure talent.”

Samsung is spurring efforts to achieve its goal of becoming the world’s No. 1 system chip maker by 2030. It announced the goal in April with a 133 trillion won ($112 billion) investment plan.

The NPU technology development plan was unveiled officially as part of the 2030 initiative.

“For the coming age of AI, Samsung is committed to delivering industry-leading advancements brought to life by our NPU technologies,” Kang said. “As we leverage our differentiated technology, close partnerships with global institutes and active investment in top talent, we are excited to take future AI processing capabilities to the next level.”