Group 1 - Samsung Electronics is negotiating partnerships with companies like OpenAI and Perplexity AI to integrate more AI services into the next-generation Galaxy devices, aiming to provide a richer alternative to Google's Gemini [1] - The company plans to offer diverse AI options for the upcoming Galaxy S26 smartphone series, moving away from reliance solely on Alphabet's AI models [1] - Samsung is reportedly close to finalizing an investment agreement with Perplexity to incorporate its applications and assistant features into its products [1] Group 2 - In the newly released Galaxy Z Flip 7 foldable phone, Samsung has adopted its self-developed Exynos chipsets to reduce dependence on Qualcomm and address market concerns regarding the efficiency and thermal performance of its Exynos series [2] - Apple is set to launch its first foldable iPhone next year, which will feature a design similar to Samsung's Galaxy Z Fold series and utilize several core components, including foldable OLED screens supplied by Samsung Display [2] - The introduction of more global companies into the foldable phone market is seen as beneficial for industry development, according to Samsung's mobile business president [2]

Core Viewpoint - Samsung has postponed the construction of its 1.4nm test line, originally scheduled for Q2 this year, with investments now expected to be delayed until the end of this year or early next year. This may push the mass production timeline for the 1.4nm process to around 2028 due to a sluggish market in the foundry business [1]. Group 1: Investment and Production Plans - Samsung's foundry division reported a loss of approximately 2 trillion KRW in Q1, leading to a reduction in its annual equipment investment plan from about 10 trillion KRW to around 5 trillion KRW [1]. - The company is shifting its focus to strengthening internal structures and concentrating resources on the 2nm process, which is expected to begin mass production by the end of this year [1]. - The Samsung System LSI division is planning to use the 2nm process for the upcoming "Exynos 2600" application processor, which is set to be released by the end of the year, potentially increasing the likelihood of successful mass production [1]. Group 2: Market Strategy - Samsung is actively seeking orders from major North American tech companies, including Tesla and Qualcomm, for its 2nm process [2]. - There are considerations to deploy the 2nm process at the newly constructed factory in Taylor, Texas, indicating a need to accelerate the development of this technology [3].

Core Viewpoint - Samsung's Galaxy S25 Edge, despite its innovative ultra-thin design, is facing disappointing sales, leading to significant production cuts, raising concerns about the future of the ultra-thin smartphone market and its impact on related supply chains [1][2] Group 1: Product Overview - The Galaxy S25 Edge features a thickness of only 5.8mm and weighs 163 grams, making it thinner and lighter than the S25 Ultra, which is 8.2mm thick and weighs 218 grams [1] - The phone's design incorporates flat metal materials for both the frame and back cover, showcasing a modern and minimalist aesthetic [1] Group 2: Market Impact - Initial expectations for the Galaxy S25 Edge were high, but its poor sales performance has led to a reduction in production, which is concerning for Samsung [1] - The disappointing sales of the Galaxy S25 Edge may affect Samsung's product strategy for the upcoming Galaxy S26, particularly regarding the potential replacement of the Plus version with the Edge model [2] Group 3: Industry Implications - The failure of the Galaxy S25 Edge raises questions about the demand for ultra-thin smartphones, which were anticipated to be the next big trend following foldable phones [1][2] - The industry is advised to monitor whether other brands like OPPO, vivo, Xiaomi, and Apple will introduce ultra-thin smartphones, as the market for foldable phones has gradually developed despite initial challenges [2]

Core Viewpoint - Samsung Electronics is facing significant challenges in its semiconductor business, particularly in the memory and system semiconductor sectors, with the success of the next-generation HBM (High Bandwidth Memory) commercialization being crucial for its performance [2][4]. Group 1: Semiconductor Business Strategy - Samsung Electronics is planning its semiconductor business strategy for the second half of the year, with a global strategy meeting scheduled to address the performance of various business units and discuss strategies to cope with macroeconomic uncertainties [2]. - The meeting will focus on overcoming the current downturn in the semiconductor business, which is divided into three main pillars: DRAM and NAND memory semiconductors, foundry services, and system LSI [2]. Group 2: Memory Business Challenges - The success of Samsung's memory semiconductor business in the second half of the year largely depends on the commercialization of HBM, which is essential for AI data centers [4]. - Samsung failed to deliver HBM3E products to its major client NVIDIA last year, prompting a redesign of the DRAM used in HBM3E and a renewed effort to supply NVIDIA [4]. - The company aims to start mass production of the next-generation 1c DRAM and HBM4 by the end of the year, with expectations of obtaining production approval in the third quarter [4][5]. Group 3: Foundry Business and Market Position - Samsung's foundry division is struggling to attract major clients like Apple, NVIDIA, and Qualcomm in the 3nm and smaller process nodes, leading to a decline in market share from 8.1% to 7.7% in Q1 [6]. - TSMC continues to lead in the foundry market, with plans to enter mass production of 2nm technology, while Samsung is in discussions with potential clients for its own 2nm process [6][8]. - Samsung is investing $37 billion in a new foundry in Taylor, Texas, but faces pressure to expand domestic investments due to U.S. government policies [8][9]. Group 4: Investment and Operational Challenges - The construction of the new foundry in Texas is progressing, with the first factory nearly completed, but Samsung must navigate the complexities of U.S. investment regulations and market demand [8]. - The company is cautious about expanding capacity at the Taylor facility without ensuring long-term customer demand, which could lead to significant financial risks [9].

Core Viewpoint - TSMC has achieved a significant milestone with its 2nm process technology, boasting a yield rate exceeding 60%, which highlights its technological leadership in advanced semiconductor manufacturing [1][2]. Group 1: TSMC's 2nm Process - TSMC's 2nm process utilizes GAA (Gate-All-Around) technology, which is expected to improve energy efficiency by 10% to 15% and reduce power consumption by 25% to 30% [1]. - The chip density of TSMC's 2nm process is projected to be 15% higher than the current 3nm process [1]. - Major clients for TSMC's 2nm technology include Apple, NVIDIA, AMD, Qualcomm, and MediaTek, with AMD's next-generation EPYC Venice server CPU confirmed to use TSMC's 2nm process [1]. Group 2: Samsung's 2nm Efforts - Samsung is actively working on its 2nm process and plans to start production in the second half of the year, with speculation that it may be for the Exynos 2600 processor for the Galaxy S26 flagship phone [2]. - Despite Samsung's efforts to catch up, TSMC maintains a solid lead in the 2nm process technology [2].

Core Insights - TSMC and Samsung are set to produce the industry's most advanced 2nm chips in the second half of this year, leading to intensified competition for orders [1] - TSMC has already begun receiving 2nm orders and is expected to produce them at its Hsinchu and Kaohsiung facilities, utilizing GAA architecture for the first time, which is projected to enhance performance by 10% to 15% and reduce power consumption by 25% to 30% [1] - TSMC's 2nm clients include major companies such as Apple, Nvidia, AMD, Qualcomm, and MediaTek, with MediaTek's CEO hinting at a product design completion by September [1] - Samsung aims to start 2nm chip production in the second half of the year, likely for its new Galaxy S26 flagship device, but its yield rate is reportedly lower than TSMC's [1] - TSMC's 2nm yield has surpassed 60%, while Samsung's yield is around 40%, posing a challenge for Samsung in attracting orders from tech giants [1][2] Company Strategies - Samsung, despite being the first to produce 3nm chips using GAA architecture, has faced challenges with low yield rates and is now focusing on improving its 2nm yield based on previous experiences [2] - To enhance its competitive edge in advanced processes, Samsung has recruited Margaret Han, a former TSMC employee, to lead its foundry division [2]

Market Overview - The main board leads the market with notable gains from companies such as Dalu Technology (+10.06%), Hengbao Co. (+9.99%), and Yuyin Co. (+9.94%) [1] - The ChiNext board shows strong performance with Zangqu Technology (+14.54%) and Sifang Precision (+10.57%) [1] - The Sci-Tech Innovation board is led by Gallen Electronics (+9.81%) and Zhongjuxin-U (+8.05%) [1] - Active sub-industries include SW Games III (+2.50%) and Semiconductor Equipment (+2.08%) [1] Domestic News - The Semiconductor Investment Alliance reports that Xili Optoelectronics has completed a multi-million financing round, focusing on high-bandwidth, low-energy optical engine system integration chips [1] - TSMC announces the establishment of a new chip design center in Munich, Germany, aimed at developing high-performance, energy-efficient chips for automotive, industrial, and AI applications, expected to be operational in Q3 this year [1] - AVIC Optoelectronics launches a high-temperature and high-pressure fiber optic connector, enhancing performance in extreme conditions for the oil logging industry [1] - Hongwei Technology's self-developed SiC SBD chip has passed customer validation and is now in mass production, with a 1200V SiC module under development [1] Company Announcements - Daotong Technology announces progress on share repurchase, having repurchased 2,774,733 shares, accounting for 0.41% of total shares by May 31, 2025 [2] - Tailin Micro adjusts its 2024 profit distribution cash dividend total from 48,330,249.17 yuan to 48,482,674.05 yuan [2] - Taijing Technology reports share repurchase progress, with 2,610,880 shares repurchased, representing 0.67% of total shares by May 31, 2025 [2] - Juguang Technology announces share repurchase progress, having repurchased 503,820 shares, accounting for 0.5575% of total shares by May 31, 2025 [2] Semiconductor Industry Insights - SoftBank and Intel establish Saimemory to lead the development of low-power AI memory chips, targeting high-bandwidth memory alternatives [3] - Apple reveals research indicating future AirPods may monitor heart rate using built-in microphones and AI models, utilizing heart sound data [3] - Samsung is considering integrating AI services from US startup Perplexity AI into its Galaxy smartphone series, moving away from Google services [3] - TrendForce reports a 5.5% quarter-over-quarter decline in DRAM industry revenue to $27.01 billion in Q1 2025, driven by falling contract prices and inventory adjustments [3]

图片来源： Perplexity 三星电子即将达成一项全面协议，拟投资 Perplexity AI 公司 ，并将这家 AI 初创企业的搜索技术置于 这家韩国科技巨头设备生态的核心位置。 据彭博社消息，双方正就预装 Perplexity 应用及助手到三星新款设备，以及将该初创企业的搜索功能 整合至三星网页浏览器进行谈判；两家公司还探讨了将 Perplexity 技术融入三星 Bixby 虚拟助手的 方案。 " 我们对 Perplexity 的成果印象深刻，因此已就他们的技术方向展开初步讨论， " 苹果公司服务高级 副总裁埃迪·库伊在近期谷歌反垄断审判作证时表示。 目前尚不清楚 Perplexity 与苹果最强劲竞争对手之一三星的合作将对此产生何种影响。 参考资料 https://www.bloomberg.com/news/articles/2025-06-01/samsung-nears-wide-ranging-deal-with-perplexity-for-ai-features? srnd=phx-technology 编译： ChatGPT 三星计划最早于 2025 年宣布与 Perplexity ...

Core Viewpoint - The global semiconductor foundry market is witnessing significant advancements with TSMC and Samsung Electronics set to begin mass production of 2nm technology in the second half of the year, indicating a competitive landscape in advanced semiconductor manufacturing [1][2]. Group 1: TSMC Developments - TSMC plans to start mass production of 2nm technology at its Hsinchu and Kaohsiung facilities in the second half of this year, utilizing the GAA technology previously introduced by Samsung in its 3nm process [1]. - Major clients such as Apple, Nvidia, and AMD are expected to launch new products based on TSMC's 2nm semiconductors [1]. Group 2: Samsung Electronics Progress - Samsung Electronics has announced plans to mass-produce 2nm semiconductors for mobile applications in the second half of the year, aiming to recover its foundry profitability [1]. - The upcoming Galaxy S26 smartphone is predicted to feature the Exynos 2600 processor, which will be based on Samsung's 2nm technology [1]. Group 3: Market Competition and Trends - TSMC has achieved a 100% utilization rate for its 3nm process after five quarters of mass production, while it is expected that the 2nm process will reach full utilization within four quarters post-launch [2]. - Samsung, despite initial challenges with its 3nm process, has secured contracts for the upcoming Nintendo Switch 2, marking a significant competitive win against TSMC [2]. - In response to the U.S.-China trade tensions, Samsung is expanding its customer base in China and increasing production to meet strong demand from American clients [2].