Samsung announced that it plans to take big steps in the automotive industry with new generation technologies such as LPDDR5x, GDDR7 and AutoSSD. At the event held in Hong Kong, it was announced that the company plans to achieve a dominant position in the automotive memory market in the coming years. The company’s main focus is on the fast-moving “autonomous driving” segment, where onboard components such as memory and other technologies play a vital role in the vehicle’s functionality.Samsung will expand its presence in automobiles
Samsung believes that the automotive market will see a major economic rise, especially with the influence of artificial intelligence. Samsung believes the automotive market could potentially see a huge economic boost thanks to the AI boom. The automotive semiconductor market, currently at $50 billion, is expected to grow at an average annual rate of 17% over the next five years (2023-2028), leaving behind the mobile (6%) and high-performance computing (12%) sectors.
To meet the computing demands of the AI-powered automotive industry, Samsung plans to launch a new variant of its cutting-edge LPDDR5X memory type; This type of memory is said to be half the size but 20 percent more efficient than the original. This memory chip will reportedly have a capacity ranging from 2GB to 24GB, speeds up to 68GB/s, 8.5Gbps bandwidth per channel, and a 561FBGA package.Alongside new memory technologies, Samsung is also expected to introduce removable Auto SSD next year, which focuses on improving data efficiency by enabling storage virtualization, allowing a single SSD to be partitioned for use by multiple SoCs, thus making performance upgrades much easier.
Automotive SSDs are said to have capacities of 512GB-4TB and speeds up to 6.5GB/s. It is said that these high memory and storage capacities will meet the necessary needs for in-vehicle autonomous systems. Finally, Samsung also made a mention of GDDR7 memory. GDDR7 is expected to have a bandwidth of 32 Gbps per channel, transferring large data volumes at 128 GB/s. According to Samsung, these memories are vital for autonomous driving.
Samsung does not seem to aim to become a direct automobile manufacturer like some of its competitors, at least for now. However, the company wants to use its position as the largest memory manufacturer for this market. Samsung can generate serious revenues from the automotive world with its memories and storage solutions. The company aims to reach a dominant point in the autonomous driving industry by 2025.
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