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On July 2, a delegation of senior executives from South Korea’s Samsung Electronics made a trip to Lenovo Group’s headquarters. The talks between the two tech giants are likely to encompass a range of subjects, including memory chip supply, collaboration on AI hardware, and the establishment of long-term cooperation frameworks. Lenovo, being one of the world’s largest buyers of memory chips, has already inked long-term supply pacts with memory behemoths such as Samsung. In light of the current global memory chip supply-demand crunch, coupled with Lenovo’s ongoing efforts to expand its AI PC and AI infrastructure businesses, securing a stable supply chain has become paramount. As of the time of reporting, neither party has issued a public statement detailing the specifics of their cooperation.
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