Samsung is all set to participate at NVIDIA's GTC, where the Korean giant is expected to showcase a new server SSD "subscription" model.
NVIDIA's GTC 2024 holds immense importance among tech firms and individuals involved in the AI bandwagon, and Samsung Electronics is one of the key faces that would showcase its AI plans for the future. The firm is expected to unveil its latest memory solutions for AI applications and debut the 12-layer HBM3e memory recently unveiled by SK hynix. Samsung looks to gain traction among potential customers by advertising the company's approach towards the markets, and there is no better venue than GTC to do so.
BusinessKorea reports that Samsung Electronics might develop another exciting solution for server storage customers, as they plan on introducing a "subscription-service" mechanism for companies, aiming to make the process much easier. This service would involve buyers paying a specific fee for using Samsung's server storage solutions, rather than altogether acquiring it, which would ultimately save infrastructure costs, along with receiving "after-sales" services from Samsung. Here is how Samsung states the idea themselves.
We just recently reported how Samsung's DRAM division is heading towards profitability to a certain extent. After a tremendous drop in production levels, the company is finally moving toward recovery. Now that Samsung looks to move more cautiously into the markets, the firm will ultimately develop more effective strategies, and this subscription model is one of them. We haven't seen a similar move from other companies yet, so debating whether this would succeed is early.
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