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Samsung Wants to be World’s No. 1 Camera Sensor Maker

Samsung seeks to catch up with Sony in image sensor market

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The South Korean tech giant also wants to focus on consumers' ease of use and convenience.

Samsung Electronics Co. is seeking to narrow its gap with Japanese rival Sony Corp. in the global image sensor market, industry watchers said on Thursday, as the segment is set to post sharp growth down the road on rising demand from smartphones and security solutions.

Industry tracker IC Insights estimated the annual sales of a complementary metal-oxide-semiconductor (CMOS) image sensor at $13.7 billion in 2018 — up 10 per cent from a year earlier.

The figure is anticipated to reach a whopping $19 billion in 2022, Yonhap news agency reported.

Samsung Wants to be World's No. 1 Camera Sensor Maker.
Samsung Mobile, Wikimedia commons

“CMOS designs keep improving for a variety of light levels, high-speed imaging and greater resolution as well as integrating more functions for specific applications, such as security video cameras, machine vision in robots and cars, human recognition, hand-gesture interfaces, virtual-augmented reality, and medical systems,” IC Insights was quoted as saying.

“In new smartphones, CMOS image sensors are also seeing a new wave of growth with the increase of dual-lens camera systems for enhanced photography,” the tracker added.

Sony and Samsung currently lead the global market for CMOS image sensors, with the Japanese rival holding a slight edge.

In 2016, Sony and Samsung took up 25.6 per cent and 22.6 per cent of the market, respectively.

The two companies held 28.3 per cent and 25.4 per cent, respectively, last year.

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SK hynix Inc., Samsung’s another South Korean rival, accounted for roughly eight to nine per cent over the cited period.

Industry watchers, however, claimed that Sony takes up 50 per cent of the market in terms of sales, hovering far above Samsung’s 20 per cent.

Samsung launched its image sensor brand named ISOCELL in June last year, in an apparent bid to catch up to Sony’s Exmor products. (IANS)

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Samsung to Foster Growth by Investing in AI and 5G

To get ahead in the fast-changing tech industry, Samsung said it will expand investment in burgeoning tech segments to propel growth

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To get ahead in the fast-changing tech industry, Samsung said it will expand investment in burgeoning tech segments to propel growth. Wikimedia

Samsung Electronics Co on Wednesday said it will propel technology innovations to tackle the unfavourable business environment and foster new growth drivers such as artificial intelligence (AI) and 5G.

Samsung vowed to step up its innovations to overcome business challenges amid falling prices of memory chips and flattening global demand for new smartphones.

“The company plans to push for profound innovations across the divisions as the unfavourable business environment is expected to continue this year,” Kim Ki-nam, vice chairman of Samsung Electronics, said at a meeting at the company headquarters attended by about 1,000 investors.

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“We will focus on new, promising businesses, such as AI and 5G, to bring meaningful changes and will actively respond to new business opportunities,” Kim said. Pixabay

To get ahead in the fast-changing tech industry, Samsung said it will expand investment in burgeoning tech segments to propel growth.

“We will focus on new, promising businesses, such as AI and 5G, to bring meaningful changes and will actively respond to new business opportunities,” Kim said.

Announcing business plans during the shareholders meeting, the first since a 50:1 stock split in May which was aimed at making it easier for retail investors to purchase stakes in the firm, Kim said: “We will continue to release innovative products in our home appliance and IT and mobile communication divisions to expand our market-leading position.”

The world’s largest handset and memory chip maker said it posted $215.8 billion in sales and $52 billion in operating profits last year on a consolidated basis, posting record high profits driven by the boom in memory chips, Yonhap news agency reported.

 

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Its bid to propel its 5G business comes as Huawei, the world’s largest telecom equipment maker, faces growing pressure from the US over security protection issues. Pixabay

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Its bid to propel its 5G business comes as Huawei, the world’s largest telecom equipment maker, faces growing pressure from the US over security protection issues.

The Korean tech firm currently has a mere 3 per cent share in the 5G equipment sector, lagging far behind Huawei’s 28 per cent and Ericsson’s 27 per cent, according to market researcher IHS Markit.

The company has set a goal of capturing a 20 per cent share in the 5G equipment market by 2022. (IANS)