Samsung Electronics picks veteran executive to tackle 'chip crisis' amid AI boom
SEOUL -Samsung Electronics has replaced the chief of its semiconductor division to help the group overcome a"chip crisis", amid a booming market for AI chips where analyst say the world's biggest memory chipmaker lags peers.
Jun previously led Samsung's memory chip department after working on the development of DRAM and flash memory chips. The firm said Jun, a former chief executive at battery arm Samsung SDI and former executive at Samsung Electronics' memory chip business, would help overcome the"chip crisis" with his management know-how.
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