Samsung intends to focus more on acquisitions in the next three years to fend off the onslaught of rival brands and boost its future growth. Representatives of the South Korean tech giant mentioned this during a conference call with investors. On the same occasion, they had previously presented the company's financial results for the last quarter of last year.
The last major acquisition of Samsung took place in 2016, when it bought the American giant in the field of audio and connected vehicles HARMAN International Industries for 8 billion dollars (roughly 171,6 billion crowns).
Other chip giants already announced their last major acquisitions last year: AMD bought Xilinx for $35 billion (approx. CZK 750,8 billion), Nvidia bought ARM Holdings for $40 billion (just under CZK 860 billion) and SK Hynix acquired its SSD business from Intel for $9 billion (roughly CZK 193 billion).
As is known, Samsung is currently number one in the DRAM and NAND memory segments, and based on this, analysts expect its next big acquisition to be a company from the semiconductor and logic chip sector. Last year, the company announced that it wants to become the largest semiconductor manufacturer in the world by 2030 and will set aside 115 billion dollars (just under 2,5 trillion crowns) for this purpose. He has too planned to build its state-of-the-art chip manufacturing plant in the US.
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