Samsung is promoting its Galaxy S26 series and Buds4 headphones, emphasizing their design philosophy to free user attention rather than demand it, aiming to integrate technology seamlessly into daily life.
Apple's anticipated launch of a tablet-style foldable iPhone is expected to intensify competition in the wide-screen phone market, with rivals like Samsung Electronics and Huawei preparing similar devices.
South Korean giants Samsung and LG are investing heavily in Europe's heat pump sector, acquiring firms and positioning themselves for upcoming EU decarbonization deadlines, despite a recent sales downturn in the market.
Samsung has launched its new Galaxy A57 5G and Galaxy A37 5G smartphone models in Bosnia and Herzegovina, featuring modern design, powerful cameras, and enhanced Awesome Intelligence.
The massive 77-inch Samsung S84F 4K OLED TV is now available for $1,265 with free delivery, offering a significant discount for home entertainment enthusiasts.
Samsung is closing its television manufacturing plant in Galanta, Slovakia, despite the factory's financial performance not worsening last year, with only a slight decrease in net profit and a modest increase in sales.
Apple is reportedly planning to exclusively use Samsung Display for the screens of its upcoming foldable iPhone models. This decision solidifies Samsung's role as a key supplier for Apple's future device technology.
Samsung, the world's largest memory chip manufacturer, reported a ninefold increase in profit, demonstrating its strength. The company is benefiting from two megatrends.
Brokerages have increased their earnings forecasts and price targets for Samsung Electronics, citing strong momentum from AI-driven memory demand and anticipated long-term supply contracts with major tech firms.
Samsung Bioepis announced it has initiated an artificial intelligence training program for all employees to develop AI expertise specific to the biopharmaceutical industry.
Samsung has seen an eightfold increase in profits, largely benefiting from the AI boom. However, the company's stock has fallen due to concerns over supply bottlenecks and intense competition.
Amazon is offering significant discounts of up to 67% on mobile phones from top brands like Apple, Xiaomi, and Samsung on April 7, providing opportunities for consumers to purchase high-quality devices.
Leaked photos and documents from a Samsung factory in Göd, Hungary, reveal that many workers were exposed to air filled with carcinogenic substances for years. This was due to severe technical problems, negligence, and extremely lax regulatory control.
Samsung is discontinuing its proprietary texting application and is advising affected users to transition to Google Messages for their messaging needs.
Samsung Electronics and LG Electronics are intensifying their focus on artificial intelligence and platform strategies to compete in the premium TV segment, as a new alliance between Sony and TCL is set to heighten market competition amidst slowing global demand.
High-net-worth investors in South Korea increased their holdings in semiconductor stocks, particularly Samsung Electronics, while divesting from defense and nuclear shares amidst heightened tensions related to the Iran conflict.
AliExpress is featuring Samsung spring discounts in April 2026, offering deals on mobile phones, reliable tablets, and smartwatches for consumers looking to upgrade their devices.
Lithuanian film and television professionals have filmed a new series, 'Meilės sriuba' (Love Soup), entirely using Samsung phones, marking a unique approach in the local industry.
Samsung Electro-Mechanics is reportedly investing over 1 trillion won ($662.3 million) for a second consecutive year into capital expenditure, focusing on FC-BGA substrates. This investment aims to meet the surging demand for critical components in AI server chips, which currently exceeds capacity by 50%.
A worker at a Samsung SDI factory in Göd, Hungary, reportedly lost a fingertip in an accident in late 2022, with allegations that the company pressured him to report it as a home accident and failed to properly address the incident for over a year.
Samsung Electronics' $17 billion foundry in Taylor, Texas, has advanced to the equipment installation and commissioning phase, with the company posting 183 new job openings for the site.
Global stock markets, including major Indian indices like Sensex and Nifty, experienced a significant rally, with Sensex jumping nearly 1900 points, driven by investor optimism and hopes for a swift resolution to the Middle East conflict following comments from Trump about leaving Iran soon.
The Samsung Galaxy S26 Ultra review describes the device as playing it safe, which may appeal to those due for an upgrade but offers little incentive for owners of recent models, unless privacy features are a priority.
Samsung and Lithuanian basketball club Kaunas "Žalgiris" have launched a limited edition Galaxy S26 Ultra, continuing their long-standing partnership with a unique device featuring an exclusive privacy screen.
Samsung SDI has extended the maturity period on a $1.05 billion loan provided to its joint venture with Stellantis, indicating ongoing financial support for the partnership.
Samsung Romania has announced the winners of the fifth edition of its national "Solve for Tomorrow" competition, which supports STEM, entrepreneurial, and digital skills among high school students.
Samsung is collaborating with BTS to introduce 'BTS The City' activities during the group's world tour, offering fans exclusive experiences and a merchandise drop to explore the Galaxy S26 phone.
Advanced Micro Devices (AMD) and Samsung have announced an expansion of their partnership, focusing on increasing the supply of memory chips, indicating closer collaboration in the semiconductor industry.
TechnologymarketwatchTimes of India16d ago2 sources
Google's new TurboQuant algorithm, which significantly reduces AI model memory requirements, has caused a plummet in memory chip stocks like Samsung, SK Hynix, and Kioxia. An analyst has since provided a reality check, suggesting investors should not be overly concerned about these memory efficiency breakthroughs.
A roundup of new technology and gadget launches for March 27, 2026, features products such as the TECNO Spark 50, Samsung Galaxy Book6, and the new Samsung Galaxy Buds4 Pro.
Samsung is rumored to be introducing a third foldable mobile phone, potentially named Galaxy Z Fold8 Wide, alongside the Galaxy Z Fold8 and Galaxy Z Flip8, as a strategic response to a potential foldable iPhone.
A major fund that has invested heavily in Samsung is advocating for the company to issue American Depositary Receipts (ADRs) as a strategy to increase its market valuation.
Samsung's new Galaxy S26 Ultra is generating buzz after users shared remarkably clear footage of a recent BTS concert, showcasing the device's powerful 25x zoom capabilities.
Tech giants Samsung and SK Hynix are taking steps to conserve energy, including dimming lights and discouraging driving, as part of a broader energy push.
The Iran war continues to cause a global energy shock, driving fuel prices up and shaking the world economy, with Asia looking to COVID-era playbooks to tackle the crisis from the Strait of Hormuz blockage. Daily life in Asia is disrupted by the fuel crisis, and poor countries face catastrophe as the global economy pays a high price for the conflict.
Samsung plans to invest an additional $70 billion in artificial intelligence, as reported in a weekly AI bulletin that also covers topics like tokens as salaries and the launch of EU Inc.
Some of the world's largest TV stations and streaming services have made an unusual appeal to the EU, arguing that tech giants like Google, Amazon, Apple, and Samsung exert too much control over how people watch TV and use streaming services, and should face stricter regulations.
Samsung has rolled out a new Android upgrade to millions of Galaxy users, which includes AirDrop compatibility through Quick Share, enabling seamless file sharing with Apple devices. Many Samsung mobile phones are now receiving this update, allowing them to share with iPhones using Apple's AirDrop protocol.
New leveraged Exchange Traded Funds (ETFs) tracking Samsung and SK Hynix are reportedly scheduled to debut in May, offering investors new ways to gain exposure to these tech giants.
Samsung Biologics announced the launch of in-house master cell bank production and vector construction services, aiming to enhance its contract development organization capabilities and accelerate drug development.
Advanced Micro Devices Inc. is deepening its collaboration with Samsung, focusing on memory chip supplies and foundry services to enhance their technological ties.
Samsung is rumored to be working on a new triple-fold smartphone, the Galaxy Z TriFold 2, which may feature a thinner and tougher design and could be released next year.
US chip giant Qualcomm Technologies underscored South Korea’s strategic importance as a global hub for technological innovation, highlighted its long-standing partnership with Samsung Electronics,…
Sources indicate that Samsung Electronics plans to close its television manufacturing plant located in Slovakia, impacting its European production operations.
OpenAI has reportedly secured a supply of HBM4 memory from Samsung, a crucial step in its plans to develop its inaugural artificial intelligence chip, codenamed Titan.
Samsung is reportedly finding its own smartphone displays too expensive and is exploring options to source them from Chinese manufacturers, a move influenced by the ongoing price crisis in memory chips.
The Samsung Galaxy Watch Ultra is making a comeback, designed for users who want to meticulously track everything without the constant need for nightly charging.
Google introduced its TurboQuant algorithm, claiming significant reductions in AI memory use and faster processing, which led to billions in market value losses for Samsung Electronics and SK hynix.
Samsung has confirmed news regarding pricing that is unfavorable for prospective Galaxy phone buyers. This announcement could impact consumer purchasing decisions for the popular smartphone line.
Samsung Electronics has restarted sales of its ultra-premium Galaxy Z TriFold in the US, marking what industry observers believe is likely the final release of the experimental $2,899 foldable device.
Samsung Electronics is reportedly planning a significant $4 billion investment in chip testing and packaging facilities in Vietnam, signaling an expansion of its manufacturing footprint in the region.
The Lee family, behind the Samsung conglomerate, is reportedly selling billions worth of shares to cover inheritance taxes following the death of the previous chairman. This situation has become a contentious case in South Korea.
Samsung Electronics held a design briefing to explain the creative process behind its recently launched Galaxy S26 series and Galaxy Buds 4. The session provided insights into the design choices for both products.
Hong Ra-hee, the widow of Samsung chairman Lee Kun-hee, is selling shares worth up to $2.1 billion to pay inheritance taxes, a common practice among wealthy individuals in South Korea.
Samsung has released its February 2026 software roadmap, indicating a significant change in its update policy. Older Galaxy phones will lose support as the company streamlines its update tiers.
A recent Samsung survey indicates that 56% of Europeans admit to looking at other people's phone screens, prompting advice on how to protect sensitive information in public.
SK Hynix shares experienced a significant 15% jump after Samsung Electronics announced a forecast for blowout financial results, indicating positive sentiment across the semiconductor industry.
Samsung is shutting down its proprietary Samsung Messages application in July, advising users to transition to Google Messages to access new AI features and improved RCS messaging.
Samsung has issued 14 critical fixes for hundreds of millions of its Galaxy phones. These updates are crucial for addressing security vulnerabilities and improving device performance for a vast user base.
Samsung expects an eightfold surge in first-quarter earnings, forecasting record profits largely due to the booming demand for AI-related technologies, despite rising energy costs.
Government-backed Reshoring Investment Accounts in South Korea have attracted over 100 billion won ($66.2 million) at Samsung Securities within two weeks of their launch, aiming to draw capital back from overseas markets.
Samsung anticipates an eightfold increase in its quarterly profit, largely attributed to surging demand and higher prices for AI chips. This forecast underscores the significant impact of artificial intelligence on the semiconductor industry.
A Samsung alert has been issued, impacting both iPhone and Android users, with a recommendation to change their device PINs immediately for security reasons.
Amazon is offering significant discounts of up to 40% on tablets from major brands like Apple, Samsung, and Xiaomi, providing quality-price options for work, study, content viewing, and browsing.
Recently released images have confirmed specific "wide" design details for Samsung's upcoming Galaxy Z Fold 8, offering a glimpse into the new foldable smartphone.
Samsung Electronics is anticipated to announce a substantial increase in its quarterly profit, with expectations that it will reach a new record level.
Back Market is offering limited-time price reductions on iconic foldable smartphones from Samsung (Galaxy Z Fold) and Google (Pixel Fold), as well as other brands, urging quick action due to limited stock.
Samsung SDI is planning further expansion at its Göd facility in Hungary, including a solar park and afforestation on 30 hectares, following a 4.2 billion forint preliminary agreement with the local municipality for rural plots.
Samsung Electronics announced it will supply high-efficiency heat pump air conditioning solutions for a major residential redevelopment project in Cornwall, England, which involves repurposing a former mining site.
Amazon Live, a shopping-oriented free ad-supported streaming television (FAST) channel, has joined the Samsung TV Plus lineup, bringing its suite of shopping features and content to millions of users.
Samsung has introduced a new application called Hearapy, which claims to alleviate car sickness symptoms in just 60 seconds, with details on its functionality now available.
Victor Armășelu, Vice President of Samsung Electronics Romania and Bulgaria, discussed Samsung's Vision 2026, emphasizing a shift from product-centric to experience-centric approaches and the role of technology as a non-intrusive partner.
Samsung Electronics Co. announced plans to cancel 14.5 trillion won ($9.5 billion) worth of its treasury stocks as part of a buyback program aimed at enhancing shareholder value. This involves approximately 73.3 million common stocks and 13.6 million preferred stocks.
The upcoming Samsung Galaxy S26 is expected to include a feature that will allow users to AirDrop photos directly to an iPhone, enhancing cross-platform compatibility.
The high-end Android smartphone market sees new competition with Leica introducing a 2000 Euro smartphone featuring a rotating lens ring, alongside new offerings from Xiaomi and Samsung.
Forbes announces that the Samsung Galaxy S26 will introduce a feature similar to Apple's AirDrop, enabling seamless file sharing with iPhones, enhancing cross-platform compatibility.
Despite Samsung's departure, a robust Korean community continues to thrive in Schwalbach, Germany, with plans for further growth and strengthened cooperation recently agreed upon. The town is described as a "Korea on the Taunus."
Amazon's Big Spring Sale offers ongoing discounts of up to 60% on various brands and products, including fashion, tech, travel essentials, robot vacuums, Disney Lorcana, and anti-frizz hair products.
Samsung Biologics has been recognized for its advancements in sustainability at the 2026 CDMO Leadership Awards, highlighting its commitment to environmental and social responsibility.
T-Mobile is offering a deal for the new Samsung Galaxy S26 Ultra, allowing customers to get the phone 'on us' without requiring a trade-in or port-in, following its March 11 release.
European TV broadcasters have sent an open letter to the EU Commission, calling for Google, Amazon, and Samsung to be designated as 'gatekeepers' and subjected to stricter oversight regarding their Smart-TV platforms, citing a power struggle.
Samsung TV Plus announced a docuseries with Keanu Reeves, live motorcycle racing broadcasts and a groundbreaking Amazon ad partnership during its NewFronts presentation Tuesday in New York.
The United States is expanding efforts to reduce reliance on Chinese battery supply chains, creating opportunities for Korean manufacturers. In line with this, Samsung SDI has signed a 1.6 trillion won cathode supply deal with L&F to strengthen its North American energy storage system market position with a battery materials supply chain outside China.
Leading global television and media companies have called on the European Union to apply its strictest regulations against smart TVs and intelligent assistants developed by tech giants like Google, Amazon, Apple, and Samsung.
The Lenovo Xiaoxin Pad is gaining popularity as an alternative to Samsung tablets, with many consumers choosing it for its competitive screen, power, and price offerings rather than brand recognition.
Samsung's newly announced Galaxy S26 series now supports AirDrop compatibility through Quick Share, enabling seamless file transfers with Apple devices, following Google's earlier integration on Pixel 10 phones.
Samsung Electronics and Hyundai Motor Group have launched a Car-to-Home Service, allowing drivers to control home appliances from their vehicles, building on their existing Home-to-Car feature.
Pocas veces se ven tantos Samsung rebajados a la vez. Aprovecha las ofertas del Aniversario de AliExpress para hacerte con alguno de sus modelos a precio mínimo
A review of the Samsung Galaxy Buds 4 Pro suggests that Samsung has finally developed wireless earbuds that rival the AirPods Pro in quality and features, specifically catering to Android users.
The global demand for premium gaming hardware is fueling a significant rise in OLED monitor sales, providing a boost to South Korean display manufacturers like Samsung Display and LG Display amidst a generally subdued monitor market.
Samsung Electronics confirmed its plans to invest a record 110 trillion won ($73.5 billion) in facilities and research this year, aiming to secure multiyear supply deals with major AI chip customers and strengthen its position in the rapidly expanding AI chip market by 2026.
Leaked information suggests that Samsung is actively developing the TriFold 2, the successor to its Galaxy Z TriFold foldable phone. The new device is anticipated to be unveiled in mid-2027.
Samsung Electronics планира над 73 млрд. долара инвестиции през 2026 г., за да стане лидер при AI чиповете Samsung Electronics съобщи в четвъртък, че планира да инвестира над 110 трлн.
Huawei has reportedly surpassed competitors like Apple and Samsung by launching the world's first horizontally 'wide' foldable phone, marking a significant innovation in the smartphone market.
Popular South Korean YouTuber Song Ji-ah, known as FreeZia, has drawn criticism from Samsung phone owners after stating in a vlog that she would not want her boyfriend to use a Galaxy smartphone. Her comments sparked a debate about smartphone preferences in Korea's dating scene.
Reports indicate that Samsung is preparing to unveil a new 'Wide' foldable smartphone, alongside the Galaxy Z Fold 8 and an S Pen, expanding its lineup of foldable devices.
Samsung is reportedly phasing out its native Messages app by July 2026 in the U.S., encouraging users to switch to Google Messages. This transition has led to an increase in scam texts targeting confused Galaxy phone owners.
The premiere episode of "The Audacity," a significant event for AMC Global Media, will have a novel rollout, streaming in 21 parts on TikTok and in full on Samsung FAST Channel. The show is executive produced by Jonathan Glatzer.
Foreign investors have sharply increased purchases of South Korea’s major chipmakers, led by Samsung Electronics and SK hynix, following a ceasefire agreement between the US and Iran. According to the Korea Exchange on Friday, foreign investors bought a combined 3.33 trillion won ($2.5 billion) worth of the two stocks over two trading days from Wednesday to Thursday. Samsung Electronics topped net purchases at 2.65 trillion won, followed by SK hynix at 441.9 billion won and Samsung Electronics p
The new Samsung Galaxy S26 Ultra has been officially unveiled, entering the premium smartphone market alongside the Google Pixel 10 Pro XL, with both models highlighted for their advanced camera capabilities.
Samsung is preparing to launch its latest foldable smartphones, including the Galaxy Z Fold 8 'Wide', at an upcoming event scheduled to take place in London.
A new investigation by US consumer protection advocates has given Apple low scores for the repairability of its Macbooks and iPhones, placing them behind competitors like Samsung and Google in the smartphone category.
Apple's iPhone 16 has secured the top spot as the world's best-selling smartphone for the second quarter in a row, driven by strong demand in markets like Japan and India and competitive pricing. Samsung continues to be a strong competitor in the global smartphone market.
Samsung is anticipating a record quarterly profit, attributing the strong financial outlook to the current boom in artificial intelligence technologies.
Samsung is reportedly discontinuing its proprietary Messages application, encouraging users to transition to Google Messages for their messaging needs.
Samsung is reportedly discontinuing its proprietary texting application and is directing its users to transition to Google Messages for their messaging needs.
Samsung Electronics reported record-breaking first-quarter earnings, boosting the combined market capitalization of its group affiliates to nearly 1,600 trillion won, highlighting its dominant position in Korea's equity market.
Samsung Electronics' smartphone division experienced a significant profit decline in the first quarter, despite the company achieving record earnings driven by a memory chip boom. Analysts attribute this to the division being on the 'wrong side' of the chip market.
Samsung has announced a $38 billion profit, significantly surpassing market estimates and positioning the company within the top tier of Big Tech's profit league.
Samsung Electronics announced a ninefold increase in its first-quarter operating profit, surpassing analyst expectations due to strong demand for AI-driven chips. However, the company faces potential supply chain threats for essential raw materials used in chip production.
Samsung Electronics has projected an eight-fold increase in its first-quarter profit, attributing the significant growth to strong demand and rising prices for AI chips.
South Korean intelligence indicates that Kim Jong Un's daughter is increasingly being presented in public, particularly at defense events, suggesting an acceleration in building her image as a potential successor.
Samsung has introduced the Galaxy Buds4 Pro and the Samsung Hearapy application, designed to alleviate travel sickness by addressing the conflict between the inner ear's vestibular system and visual perception.
Samsung and Mistral AI are reportedly in discussions regarding potential collaboration in the rapidly developing artificial intelligence memory sector.
The foldable phone market is anticipating increased competition this autumn, with Apple potentially introducing its own foldable device and Xiaomi re-entering the segment. These new entrants are expected to challenge Samsung's Galaxy Z Fold8.
Samsung Electronics is anticipated to report a significant surge in its quarterly profit, potentially reaching a record level, indicating strong financial performance.
Dell is providing a $300 discount on its 32-inch 4K OLED gaming monitor, the S3225QC, which features a Samsung quantum dot (QD) OLED panel with a 120Hz refresh rate.
Samsung has announced an extension of its appliance warranty to 24 months in Ghana, providing customers with longer coverage and enhanced peace of mind for their purchases.
Active Computer Systems S.A. and Samsung Electronics Hellas have announced the commencement of their partnership, aiming to provide technologically advanced and secure mobility solutions to the corporate sector.
Samsung Biologics has officially acquired a biopharmaceutical manufacturing plant in Rockville, Maryland, marking its first production foothold in the United States, following its announced acquisition of a U.S. facility from GSK for US$280 million.
Samsung has introduced its new 'Entertainment Companion' vision for televisions, featuring AI-powered voice control and personalized content recommendations to enhance the viewing experience.
Samsung is promoting a night photography project for Earth Hour on March 28, aiming to showcase how cities transform after dark and encourage reflection on the planet's needs.
Samsung Electronics is emerging as a potential beneficiary of a tightening supply crunch at TSMC, as surging demand for artificial intelligence chips pushes the industry leader’s most advanced capacity to its limits through 2028.
Samsung's 2026 flagship mobile, the Galaxy S26 Ultra, introduces an integrated privacy screen as its main innovation, setting it apart in the current market.
An article suggests alternatives to Apple's iPad, highlighting 10 powerful tablets from brands like POCO, Teclast, Samsung, HONOR, and Redmi that offer better value for money.
Samsung Electronics is collaborating with K-pop group BTS for their global concert tour through 2027, aiming to showcase Galaxy smartphones and improve fan engagement.
Samsung has officially launched its internet browser for Windows, extending its mobile experience to desktop computers and integrating an AI assistant to enhance user functionality.
Harman International, an automotive affiliate of Samsung Electronics, plans to invest 131 million euros in Hungary for research and development projects aimed at the European market. This move is part of its strategy to expand its automotive presence in Europe.
Following landmark jury verdicts in Los Angeles and New Mexico finding Meta and Google (YouTube) responsible for social media addiction, the tech liability shield is now under intense scrutiny, potentially leading to significant fallout for the tech giants regarding harm to minors.
Samsung is elevating its smartphone technology with the introduction of agent-based artificial intelligence in its new Galaxy S26 and S26+ models. This proactive AI is designed to not only assist users but also to anticipate their needs and contextually plan activities.
An exclusive annual survey, 'Marque Préférée des Français', has unveiled the favorite brands of French consumers for 2026, based on feedback from 4900 consumers on 1300 brands.
Samsung has introduced its new budget-friendly mobile phones, the Galaxy A37 and Galaxy A57, which are set to launch in the Hungarian market in early April.
The new Samsung Galaxy S26 Series now features advanced artificial intelligence capabilities for everyday tasks, acting as a personal assistant, and also allows users to share files directly with iPhones using Apple's AirDrop technology.
Samsung and Amazon are partnering to bring interactive shopping technology to Samsung TV Plus, allowing users to shop from Amazon via their remote control.
AliExpress is making it easier to upgrade mobile phones affordably, offering discounts on Samsung, Xiaomi, and POCO models with good features for less than 300 euros.
Samsung has reportedly found a significant new way to integrate into AMD's artificial intelligence development efforts. This collaboration could have notable implications for both companies in the competitive AI landscape.
Samsung's S26 and S26+ models are highlighted for their identical, high-performance camera systems, excelling in everyday social content, even without the Ultra's extreme 100x Space Zoom.
Unionized workers at Samsung Electronics have met with a co-CEO in anticipation of a proposed walkout, indicating ongoing labor negotiations and potential industrial action.
Samsung is reportedly planning a $73 billion investment blitz to catch up to rival SK Hynix in the competitive artificial intelligence memory market. This move signals Samsung's aggressive strategy to secure a leading position in advanced memory technologies.
Samsung Electronics Chairman Lee Jae-yong visited Beijing on Sunday to attend a high-level economic forum for a second straight year, as the company seeks to maintain ties in the key market amid…
Google, Meta, Samsung and Apple are developing AI-powered smart glasses that combine cameras and voice assistants to capture and immediately modify photos using generative AI.
Samsung Life Insurance and Samsung Fire & Marine Insurance announced plans to sell a combined 1.5 trillion won ($1 billion) stake in Samsung Electronics after the chipmaker’s treasury share cancellation pushed up their ownership ratios.
Samsung Heavy Industries announced it has secured a 377.9 billion won ($253 million) contract to build a liquefied natural gas carrier for a shipping company in Oceania, with delivery scheduled by April 2029, significantly boosting its shipbuilding portfolio.
A review assesses the new Samsung Galaxy S26 and S26+ smartphones, noting their predictable quality but questioning if their incremental improvements are sufficient for the market.
Samsung plans to invest approximately 63.7 billion Euros this year, focusing on expanding its chip production capacities and research in artificial intelligence.