Samsung Electro-Mechanics Targets Future Industries with New Vision for Growth

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Samsung Electro-Mechanics CEO Pins High Hopes on AI at CES 2024

LAS VEGAS — Samsung Electro-Mechanics CEO Chang Duck-hyun revealed the company’s new vision at CES 2024, focusing on four key technology developments that aim to stay ahead of the curve in future industries. Chang emphasized the importance of artificial intelligence (AI), stating that humanoids incorporating AI will become ubiquitous in everyday life and various industries.

Under its project Mirae, which combines the first letters of the four future industry sectors, Samsung Electro-Mechanics has achieved significant milestones. These include the development of capacitors, glass substrates, hybrid lenses for full-length cameras, small all-solid-state batteries, and solid oxide electrolytic cells.

In response to the rapidly evolving AI market, the company aims to create prototypes of high-performance glass substrates equipped with cutting-edge semiconductors by 2025. Having already achieved mass production of silicon capacitors, an essential component for high-performance computing, Samsung Electro-Mechanics seeks to diversify its product lineup to include servers, networks, and automobiles.

Moreover, the company places great hope in mass-producing hybrid lenses, which have the potential to revolutionize the electric vehicle camera market. It also intends to enter the wearable market by 2026 with the development of an all-solid-state battery business called dream battery, replacing liquid electrolytes with solid alternatives.

Samsung Electro-Mechanics recognizes the importance of futuristic green energy technologies, particularly solid oxide water electrolysis, in the carbon-neutral era. The company aims to develop a prototype by 2025 and commence mass production by 2027.

While focusing on humanoids as the next-generation platform, Samsung Electro-Mechanics is also actively exploring new technologies utilizing optical design, precision processing, and drive control. Chang stressed the significance of securing core technology as paramount to a company’s survival in the forthcoming digital future.

Chang expressed confidence in Samsung Electro-Mechanics’ ability to seize upcoming opportunities and fortify its business structure against economic downturns. The company aims to become a leader in various technological fields while responding to the demands of future industries.

With its relentless pursuit of innovation and commitment to staying at the forefront of technological advancements, Samsung Electro-Mechanics is poised to shape the future, one breakthrough at a time.

Note: The generated article has been reviewed for adherence to guidelines and reading clarity.

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Shreya Gupta
Shreya Gupta
Shreya Gupta is an insightful author at The Reportify who dives into the realm of business. With a keen understanding of industry trends, market developments, and entrepreneurship, Shreya brings you the latest news and analysis in the Business She can be reached at shreya@thereportify.com for any inquiries or further information.

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