Core Viewpoint - Samsung Electronics aims to regain its leadership in the AI-specific memory chip market with the launch of its fifth-generation high bandwidth memory (HBM3e) chips in the second quarter of this year, following criticism from shareholders regarding its slow response to the AI memory market [1][2][3] Group 1: Market Position and Strategy - Samsung's Vice Chairman, Jun Young-hyun, acknowledged that the company's inability to supply HBM3e chips to Nvidia has contributed to its declining stock price and loss of market leadership [2][3] - The company plans to double its HBM supply in 2024 and focus on high-value NAND products, while ensuring that it does not repeat past mistakes in the upcoming HBM4 and custom HBM markets [3][8] - Samsung's stock price has been on a downward trend since reaching 88,800 KRW in July 2022, dropping to as low as 49,900 KRW in November 2022, and remaining below 60,000 KRW since then [6][7] Group 2: Financial Performance - In the fourth quarter, Samsung's Device Experience (DX) department saw a 10% decline in operating profit, while the Device Solutions (DS) department experienced a 25% drop [8] - Concerns over the company's competitiveness in chip and equipment businesses have led to a loss of investor confidence [7] Group 3: Corporate Governance and Future Plans - During the shareholders' meeting, Samsung's CEO, Han Jong-hee, expressed commitment to enhancing shareholder value and acknowledged the company's failure to adapt quickly to changes in the AI semiconductor market [8] - The company is exploring various merger and acquisition opportunities as a potential strategy to navigate the current economic slowdown [8] - The shareholders approved the appointment of Jun Young-hyun and Song Jae-hyuk as new board members to strengthen the company's leadership [9]