Samsung Chairman Lee Jae-yong recently met with the CEOs of Meta, Amazon and Qualcomm in the United States to discuss future technologies and possible business collaborations, as announced by Samsung on Thursday. During his two-week business trip, Lee spoke with these technology giants to explore developments in AI, VR, AR, generative AI and cloud computing.
Key Meetings and Discussions
Meeting with Meta CEO Mark Zuckerberg
- Location: Palo Alto, California
- Details: Lee and Zuckerberg discussed improving collaboration in the future information technology and software sectors, with a focus on AI, VR and AR. This meeting followed Zuckerberg’s visit to Seoul in February 2024.
Meeting with Amazon CEO Andy Jassy
- Location: Seattle, Washington
- Details: Discussions centered on core business areas such as Generative AI and Cloud Computing. Amazon, a significant Cloud service provider, is a crucial partner for Samsung in the semiconductor sector. Amazon announced a $150 billion investment in AI data centers over the next 15 years to innovate its Cloud-based AI services.
Meeting with Qualcomm CEO Cristiano Amon
- Location: San Jose, California
- Details: Lee and Amon explored ways to enhance collaboration in the rapidly growing AI chip market. Qualcomm’s Snapdragon platform powers Samsung’s latest smartphones, reflecting their longstanding business partnership.
Additional Engagements
- Lee met with several global chip manufacturers to discuss expanding cooperation in the foundry sector and developing new technologies for future semiconductors.
- The trip was intended to strengthen Lee’s global network, assess Samsung’s technological competitiveness and develop detailed future business strategies.
Chairman Lee’s Vision
“Let us leverage Samsung’s strengths and pioneer the future as we have done,” Lee said, emphasizing the importance of leveraging Samsung’s capabilities to be at the forefront of technological innovation.
UK AI sector worth £72 billion – the largest in Europe