Samsung Elec expects $100 million or more sales from advanced chip packaging business

Samsung expects significant revenue from advanced chip-packaging in 2022, targeting DRAM market leadership with new chip developments for AI demand. Co-CEO Kyung leads Samsung's strategic initiatives, backed by Nvidia's endorsement. Samsung set up advanced chip packaging as a business unit last year, and Kyung said he expects the results of Samsung's investment to come out in earnest from the second half of this year.

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