Samsung Boosts AI Spending Amid Market Challenges

Samsung Electronics Co. is significantly increasing its investment in artificial intelligence, aiming to strengthen its presence in consumer electronics. According to CEO Han Jong-Hee, the company will focus on leveraging its unique market position to capitalize on its wide range of home appliances, including refrigerators and washers. Following a challenging year marked by setbacks in high-end memory and generative AI, Samsung is seeking to regain its footing in the competitive tech landscape through better device connectivity and integration of AI capabilities.

Source: https://www.bloomberg.com/news/articles/2025-01-06/samsung-ceo-interview-at-ces-2025-ai-fridges-and-tvs-for-the-smart-home