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Samsung organizing Galaxy Fan Party next month, applications begin!
Samsung announced that it’s organizing a Galaxy Fan Party next month in South Korea, which will be a combination of camping and picnics. The company has started taking applications for the Galaxy Fan Party and is planning to invite around 2,000 people, who have a Galaxy device.
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In contrast, the South Korean tech giant first started the Galaxy Fan Pary back in 2018, which is a cultural event, that lets Galaxy users share the experience of using the Galaxy and connect with fans. The company confirmed that this year’s Galaxy Fans Party will be held on October 8th, while you can apply until Sep. 28.
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Applications:
- Applications for Samsung.com – From September 15 to 28
- Applications for Galaxy Campus Store – From September 15 to 25
Among the 2,000 people that will be invited, 1,000 will be Galaxy ‘steamed fans’ and one accompanying person. Described by the concept of ‘Knick’, the party will express the Galaxy Z Fold 4 and Galaxy Z Flip 4’s various angles from various perspectives of consumers.
In case you are interested in stage programs, there will also be a stage program where you can fully enjoy the campknic. Interestingly, Samsung revealed that all Galaxy Fan Party participants will get an Everland ticket and food and beverage tickets on the same day with an opportunity to rent a Galaxy Z Fold 4 or Z Flip 4 on a daily basis.
- Detailed info about Galaxy Fan Party and applications can be submitted here
Samsung’s executive chairman Jay Y. Lee (Lee Jae-yong in Korean) topped the Forbes 2024 Richest Korean list for the first time. On April 17, Forbes revealed that the Samsung boss is the richest in South Korea, with his assets increasing by $3.5 billion, bringing his total net worth to $11.5 billion.
Thanks to a rise in Samsung’s stocks, Samsung’s Lee jumped to the top of the Forbes 2024 Richest Korean list. Notably, the company’s stocks significantly hiked after the revelation that it’s developing high-bandwidth memory chips used in AI computing for NVIDIA.
Forbes 2023 Richest Korean, Kim Byung-ju, slipped to second this year with assets worth $9.7 billion. The third place went to Seo Jung-jin, honorary chairman of Celltrion, with assets of $7.5 billion.
Cho Jung-ho, chairman of Meritz Financial Group, ranked fourth with $6.2 billion, and Chung Mong-koo, honorary chairman of Hyundai Motor Group, was fifth with $4.6 billion.
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Samsung established an AI chip design-dedicated Advanced Processor Lab in Silicon Valley, US. Formerly known as the Advanced Institute of Technology, Samsung’s SAIT is said to have formed the new Lab to strengthen its AI chip R&D in the US.
BusinessKorea reports that the new Samsung Advanced Processor Lab to focus on developing next-gen AI semiconductor design assets in the US. The assets are said to be focused on the RISC-V area, which serves as a foundational design asset for semiconductor chip design.
Samsung’s initiative with RISC-V is interpreted as a move towards technological independence. Therefore, the company is expanding its R&D organization in Silicon Valley, aiming to enhance design capabilities to disrupt the market currently dominated by NVIDIA.
Amid the booming AI era, the market of advanced semiconductors is also expanding. Samsung has completed the development of its Mach-1 AI semiconductor and supplied prototypes to global firms including Korea’s Naver. The company has also started the development of Mach-2.
Under the CHIPS Act, Samsung received huge subsidies to boost investment in the US. It’s worth noting that the Biden govt awarded a 12% subsidy of Samsung’s total investment, which is significantly higher than Intel and TSMC’s subsidy.
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Samsung’s first 3nm Exynos 2500 chip could outpace Snapdragon 8 Gen 4 in power efficiency. Both chipsets will power the next-gen Galaxy flagships, scheduled for an early 2025 launch. Recent input suggests that Exynos is returning as a tough rival to Snapdragon.
The Exynos 2500 will be made on Samsung’s 2nd-gen 3nm process technology. The S24’s Exynos 2400 chipset impressed the industry with significant improvements over its predecessor. The company appears to be leveling up the game next year.
Thanks to the cutting-edge process node, Samsung’s next Exynos could finally surpass its Snapdragon counterpart in power efficiency. The company may utilize its advanced FOWLP in the Exynos 2500 to make it run at higher clock speeds at the same power consumption level.
Qualcomm is facing power efficiency concerns with its recent Snapdragon chips. Due to reduced efficiency, phone makers are forced to bring up to 5000mAh battery. Samsung apparently seized this opportunity to bring back its in-house Exynos back to the contest.
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