Samsung SDS to build AI-focused data center at Samsung Electronics’ plant

Quick Summary:

Samsung SDS Co., the information technology service unit of South Korea’s Samsung Group, plans to build an artificial intelligence data center to enhance its presence in the fast-growing AI segment.

According to company sources on Wednesday, the IT service provider has decided to purchase the land and associated buildings of Samsung Electronics Co.'s plant in Gumi, North Gyeongsang province, for 21.5 billion won ($15 million) by the end of this year.

NEW CEO LEE JUNE-HEE TO LEAD AI DATA CENTER INITIATIVELast month, the company appointed Lee June-hee, executive vice president of Samsung Electronics’ network business division, as its new chief executive.

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Article Details

Category: Economy

Markets: South KoreaIndia

Topics: Services Electronics Billion Data Samsung Service Center Intelligence Centers Company Cloud

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-10 @ 00:12:53 (5 days ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 411 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 18 words per sentence (average)

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Copyright Owner: © Korea Economic Daily

News ID: 24406111

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