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Industry

Samsung Electronics marks 57th anniversary as Jeon, Roh call for stronger fundamental competitiveness

Samsung Electronics marked its 57th anniversary on Oct. 30 with separate messages from its chip and device divisions, without a formal ceremony. Vice Chairman Jeon Young-hyun, who leads the DS chip unit, said the company should soberly assess its competitiveness and prepare for the future despite improved results. DX head Roh Tae-moon said tougher conditions and rising semiconductor prices require stronger product quality and operations, along with new technologies and products.

AI & Enterprise

Google AI chip push: TPU sales seen at 184 trillion won by 2028, can it shake Nvidia\'s dominance

Google\'s Tensor Processing Unit (TPU) is expanding into the external cloud market, raising questions about whether it can challenge Nvidia\'s dominance in AI chips. Google and Oracle announced a deal allowing Oracle Cloud customers to use TPUs from next year. Reports also suggest OpenAI may increase TPU use. Analysts expect TPU revenue to rise sharply through 2028 as more companies adopt multi-chip strategies to reduce dependence on a single supplier.

Industry

FuriosaAI raises 820 billion won in funding, valued at 3.8 trillion won

FuriosaAI said on Oct. 29 it completed an 820 billion won Series D funding round, valuing the company at about 3.8 trillion won. The round started in January with a target of 450 billion to 750 billion won, but was increased due to investor demand. The National Growth Fund contributed 370 billion won. Funds will be used to expand RNGD production and supply, grow global customers and strengthen its software ecosystem.