Samsung chairman pledges Onyang campus as HBM production hub

Samsung Electronics Chairman Lee Jae-yong announced plans to transform the Onyang campus into a high-bandwidth memory (HBM) hub, signaling a strategic push to regain competitiveness in the AI memory market. The move follows Samsung's lag in HBM supply to Nvidia and intensifying competition with SK Hynix. Details on investment scale and timeline remain unspecified, but the commitment underscores Samsung's intent to close the gap in AI-driven memory demand.

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