Samsung to face questions from shareholders after AI chip failings, stock price drop
By Hyunjoo Jin
SEOUL (Reuters) -Samsung Electronics is set for a tough annual general meeting on Wednesday with shareholders frustrated by its failure to ride a boom in artificial intelligence that made it one of the worst-performing tech stocks last year.
Co-CEO Han Jong-hee and the head of its chip division Jun Young-hyun will be among executives attending the meeting which is scheduled to start at 9 a.m. (0000 GMT). Other issues in focus include strategies to mitigate the impact of U.S. tariffs and what will drive new growth.
In internal meetings, Samsung has acknowledged it has lost its technological edge. This is particularly true in semiconductors where it lags SK Hynix in high bandwidth memory (HBM) chips that Nvidia…