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OpenAI Launched Assistants API, Allowing Developers to Customize AI Assistants with One Click

At today's OpenAI's first developer conference, OpenAI launched the...

India’s censorship body gave power to remove pirated Movies from platforms

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Microsoft working on new features for Win11 / Win12: smart notifications, depth-of-field effects

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Samsung Electronics to strengthen automotive semiconductor business, likely to build factories in Europe

According to foreign media reports, in order to overcome the impact of the downturn in the memory chip market on the semiconductor business sector, Samsung Electronics will target the automotive semiconductor field.

The Korean media said in the latest report that some analysts are expected to target Samsung Electronics for automotive semiconductors, and may build an automotive chip factory in Europe, where there are many global car manufacturers.

Foreign media mentioned in the report that at a recent technology forum attended by customers and partners, Samsung Electronics revealed that they will strengthen their automotive semiconductor business.

With the development of electric vehicles and the improvement of automobile intelligence, the demand for semiconductor components is also increasing, and the scale of the automotive semiconductor market is also expanding. Some research institutions have stated in the report that the size of the global automotive semiconductor market, which was US$45 billion last year, is expected to increase to US$74 billion in 2026 and exceed US$100 billion in 2030.

According to foreign media reports, Samsung Electronics, which is vigorously developing its foundry business, may build a fab in Europe, and analysts expect it to be a fab. Foreign media also stated in the report that Samsung Electronics, which focuses on investing in advanced process technologies of 7nm and below, also plans to invest in mature process technologies on a large scale for the production of automotive semiconductors and image sensors.

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Stephen Cruise
Stephen Cruisehttps://www.techgoing.com
Stephen Cruise is a senior editor covering latest smartphones, EVs, PC gaming, console, and tech with 11 years of experience.

Toyota launched new Grevia large seven-seater MPV, starting at 299,800 RMB

FAW Toyota recently launched the new Grevia, a seven-seater MPV. There are seven models in total, with the price range ranging from 299,800 RMB...

Leapmotor C16 multi-purpose 6-seater SUV set to debut at Beijing Auto Show

Leapmotor announced today that its new model, Leapmotor C16, positioned as "the world's first full-scenario multi-purpose large 6-seater SUV", will make its debut during...

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The Huawei Pura 70 standard version phone was launched on Huawei Mall, priced starting from 5,499 RMB. The machine also uses the series' iconic triangular...