Samsung to establish new global semiconductor research centre
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Update time : 2022-12-01 10:23:30
Samsung Electronics will establish a new global research institute under its DS business unit in December this year.
The global research institute is expected to analyse the semiconductor market and other related industries and tap into new markets, and will reportedly be led by a vice president.
Samsung felt the need to establish an independent internal semiconductor research institute due to the increased shortage of semiconductors as a result of global supply chain disruptions; also contributing to the growing distrust of external market research institutes.
Currently, the Samsung Group has several research institutes, including the Samsung Research Centre, operated by Samsung Electronics for advanced technology research, the Samsung Securities Research Centre and the Samsung Global Research Centre. However, while these research institutes focus on different areas, none of them provide in-depth analysis of the semiconductor industry.
Samsung Electronics believes that the memory industry is facing a sharp drop in demand and excess inventories due to weakening global purchasing power following a significant interest rate hike in the United States, and accordingly, global chipmakers are reducing production and capital expenditure.