Samsung Securities, Samsung SDS, and Samsung Card have announced their joint acquisition of a 4 percent stake in Dunamu, the operator of South Korea’s largest cryptocurrency exchange, as part of their strategy to expand digital asset businesses.

Samsung Group affiliates are bracing for a new wave of severance pay lawsuits after the Supreme Court ruled last month that Samsung Electronics’ target-based bonus must be treated as wages when calculating retirement pay. Legal sources said Thursday that unions and former employees at Samsung Electronics Service, Samsung Fire and Samsung SDS are consulting with law firm A Pro on potential claims seeking additional severance. The legal turning point came Jan. 29, when the Supreme Court held that

Google Cloud has debuted new AI chips and tools designed for building agents, expanding its artificial intelligence offerings. Concurrently, Samsung SDS has announced a partnership with Google Cloud to enhance its AI and security capabilities.

Samsung SDS shares experienced a significant 20% surge after the company announced a new partnership with KKR and an $820 million bond purchase. This news led to a strong positive reaction in the market.

Samsung SDS announced a substantial 57.8% decrease in its first-quarter net profit, primarily attributed to a one-off factor impacting its financial performance.

Samsung SDS announced its plan to prioritize growth investments, utilizing its approximately 6.4 trillion won ($4.7 billion) in cash reserves to focus on artificial intelligence and cloud computing for its next phase of expansion.