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Exclusive: Samsung to fill one-third of board with chip experts

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Samsung Electronics is reinforcing its board of directors with semiconductor specialists. Following a major executive reshuffle late last year that focused on its semiconductor business, Samsung is now appointing multiple semiconductor specialists to its board as part of efforts to restore competitiveness.
The article from MSN discusses Samsung's strategic move to bolster its semiconductor division by appointing experts in the field to one-third of its board positions. This decision comes as part of Samsung's broader initiative to enhance its competitiveness in the global chip market, especially amidst rising demand for semiconductors in various technologies like AI, 5G, and IoT. The company aims to leverage this expertise to drive innovation, improve production efficiencies, and navigate the complex geopolitical landscape affecting chip supply chains. This shift also reflects Samsung's response to the intensifying competition from other tech giants and the need to secure a stronger position in the semiconductor industry, which is crucial for future technological advancements.

Read the Full MSN Article at:
[ https://www.msn.com/en-xl/technology/hardware-and-devices/exclusive-samsung-to-fill-one-third-of-board-with-chip-experts/ar-AA1zbsk6 ]