Samsung SDS taps W6.4tr cash for AI, cloud push

Samsung SDS said Wednesday it will prioritize growth investments using its roughly 6.4 trillion won ($4.7 billion) in cash reserves, betting on artificial intelligence and cloud computing to drive its next phase of expansion. At its annual shareholders meeting, CEO Lee Jun-hee outlined a capital allocation plan focused on balancing growth investments with shareholder returns. “We view 2026 as a pivotal year that will determine leadership in AI and cloud,” Lee said. “Our priority this year is gro

By The Korea Herald