India, March 19 -- Samsung Electronics co-CEO Han Jong-hee said on Wednesday that the company is looking at making major deals to drive growth at a time when it is facing tough questions from shareholders.

These questions are regarding the company's failure to ride the artificial intelligence (AI) boom, making it one of the worst-performing tech stocks last year, according to a Bloomberg report.

The company's shares tumbled by nearly a third last year, hitting a four-year low in November, while those of rival SK Hynix climbed 26%.

"First and foremost, I sincerely apologise for the recent stock performance not meeting your expectations," the report quoted Han Jong-hee as having said in the company's annual general meeting. "Over the pas...