South Korea's Samsung SDS Targets $746.8 Million in Annual Revenue by 2031 via AI Data Center DBO; Q3 Cloud and Logistics Grow Together
· Source: finance.biggo.com
In short
Samsung SDS reported third-quarter revenue of 3.7725 trillion won (about $2.8 billion) and operating profit of 241 billion won, with cloud revenue up 18% on AI transformation demand and logistics up 16% to 2.0915 trillion won, exceeding 2 trillion won for the first time in a quarter. The company set a goal of securing a cumulative 500MW of AI data center design-build-operate (DBO) projects to generate more than 1 trillion won in annual revenue by 2031, and outlined 2027 launches for a robot orchestration platform while expanding its Brity Works and Fabrix AI platforms.
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Tags: logistics, freight, cloud, data centers, robotics, automation