9 | | NOVEMBER 2026 "Industry leaders must focus on strengthening core technical competencies in the storage sector while leveraging cutting-edge AI to develop semiconductor-specific solutions across the entire value chain." ................................................................Jun Young-hyun, CEO, Samsung Electronics ALIBABA'S T-HEAD FILES FOR HONG KONG IPOSAMSUNG, HYUNDAI MOTOR GROUP PARTNER IN FUTURE MOBILITYAlibaba Group is planning to list its artificial intelligence chip subsidiary, T-Head Semiconductor, on the Hong Kong Stock Exchange to strengthen its semiconductor business and attract fresh investment.The company confirmed on November 10, 2026, that T-Head confidentially submitted its listing application on September 11, following exchange approval for the proposed spin-off.Founded in 2018, T-Head develops processors for artificial intelligence, cloud computing, data centres and Internet of Things applications. The proposed IPO will provide independent access to capital, supporting research, product development and business expansion.Alibaba is expected to retain control of T-Head after the listing. However, the IPO remains subject to regulatory approvals, with valuation, fundraising targets and share allocation yet to be disclosed. Samsung hosted its first large-scale invitation event for a major domestic conglomerate, welcoming 177 Hyundai Motor Group executives and partners to its `HMG Appreciation Day' in South Korea. Held under the theme `One Harmony Toward the Future,' the event highlighted growing collaboration between the two groups.Samsung showcased innovations in automotive semiconductors, next-generation electric vehicle batteries, camera modules, displays, and autonomous driving technologies through its subsidiaries.Executives discussed expanding cooperation across electric vehicles, robotics, energy, and software-defined vehicles (SDVs). Their partnership, strengthened by a 2023 electric vehicle battery supply agreement, aims to combine Samsung's expertise in components and materials with Hyundai's mobility capabilities. Both companies also plan to explore emerging opportunities in physical AI and future mobility technologies, creating new possibilities for technological innovation and industrial collaboration. SEMICONDUCTORS & CHIP MANUFACTURING BUSINESS & STRATEGIC PARTNERSHIPS
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