Samsung SDS, the IT services arm of the South Korean tech behemoth, is setting its sights on a new frontier in technology: artificial intelligence. With plans to establish its first AI-focused data center, Samsung is poised to tap into the surging global demand for AI computing power, marking a significant milestone in its expansion strategy. […]
SDS
Samsung SDS wins Global Most Admired Knowledge Enterprises (MAKE) award
Samsung’s SDS subsidiary has managed to won Global Most Admired Knowledge Enterprises (MAKE) award under the newly announced Individual Operating Unit category (IOU). The award is given to global knowledge enterprises for their global influence, revenue and brand and is reckoned as a “Nobel Prize” in knowledge management. Samsung SDS ranked first amongst 22 […]
Former Samsung executive convicted over bond deals
Lee Kun-Hee, who served as a chairman of Samsung Group has been convicted of doing illegal bond transactions that caused massive loss to Samsung’s SDS subsidiary. Kun-Hee is sentenced to a three-year prison suspended term and has to pay a fine of 110 billion won (USD89.2 million). In 1999, on direction of Kun-Hee, the […]