Samsung Chairman Lee Jae-yong concluded his two-week business trip to the US with meetings with the CEOs of major tech companies. Lee met Meta CEO Mark Zuckerberg, Amazon CEO Andy Jassy, and Qualcomm CEO Cristiano Amon to discuss cooperation in various industry trends. Artificial Intelligence (AI) was one of the hot topics alongside foundry, chips, cloud services, and networks.
Samsung seeking cooperation with Qualcomm, Amazon, and Meta on AI
Lee Jae-yong left for the US in early June to meet with industry leaders and discuss how their companies can improve collaboration. Over the past two weeks, he held meetings with several big names from the industry. On June 10, Lee invited Qualcomm President and CEO Cristiano Amon to Samsung’s Device Solutions Americas (DSA) office in San Jose, California. The duo discussed ways to expand cooperation in the emerging sectors of the semiconductor market.
As the industry ushers into a new era of AI, Samsung wants to be at the forefront of this revolution. The company has already set a trend with Galaxy AI. Lee’s meeting with Qualcomm’s CEO revolved around AI semiconductors and next-generation communication chips. The two companies already have a close partnership (Samsung often gets exclusive, overclocked versions of the latest Snapdragon chips) and this meeting might strengthen their bond.
On June 11, Meta CEO Mark Zuckerberg invited Lee to his home in Palo Alto, California. It was their second meeting in four months—Lee invited Mark to a Samsung guest house, during the latter’s Korea visit in February. During the most recent meeting, the two tech leaders discussed cooperation in the future ICT (Information and Communications Technology) industry. They also talked about AI, virtual reality, augmented reality, and other futuristic tech fields.
In a press release, Samsung said it expects to further expand its cooperation with Meta in the field of AI, though it didn’t specify anything. During his Korea visit earlier this month, Zuckerberg described Samsung as a foundry giant with an important position in the global economy. “This could be an important point in our cooperation with Samsung,” the Meta head said. It appears the two firms are cooking something big in the AI industry.
Amazon and Samsung are collaborating in TV, mobile, and content
Lee’s final major meeting in the US was with Amazon CEO Andy Jassy on June 12. The meeting in Amazon’s headquarters in Seattle was also attended by Samsung’s DS Division Head Jeon Young-hyun, Memory Business Division Head Lee Jung-bae, DSA Vice President Han Jin-man, and North America President Choi Kyung-sik. The executives discussed the future of various flagship businesses, including generative AI and cloud computing.
Lee and Jassy also shared their opinions on cooperation in these fields. Samsung and Amazon are already collaborating in TV, mobile, and content. This meeting may see the two firms extend their partnership to more areas. Samsung plans to hold a global strategy meeting of its key executives later this month. Lee may share his insights from the US visit with the executives during the meeting. The company is expected to develop a specific vision and business plan for the future.
