Samsung Electronics reported a 77.9% year-on-year decline in operating profit in the third quarter, with losses in its chip business. The company aims to launch the sixth generation of high-performance HBM4 memory chips in 2025 to compete for dominance in the AI chip market. The demand for HBM memory continues to grow to support AI systems, data centers, and machine learning platforms. Samsung has been competing with SK Hynix for dominance in the HBM memory market. In 2016, Samsung commercialized HBM memory, becoming the first to enter the AI memory chip market.