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Samsung SDS CEO Lee Jun-hee: “We Are Reviewing Robot Investment and M&A”

From Chosun Ilbo · () Korean

Translated from Korean and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources New plan
  • Samsung SDS CEO Lee Jun-hee said the company will use funding from KKR for new investments in artificial intelligence, robotics and logistics.
  • The company plans to invest about 10 trillion won in AI-focused robot conversion and logistics, including mergers and acquisitions, by 2031.
  • Samsung-affiliated production lines are expected to be the initial focus of the robot-conversion drive.

Samsung SDS is considering robot investments and mergers and acquisitions as it maps out a large-scale expansion in artificial intelligence, robotics and logistics.

Chief Executive Lee Jun-hee said the company would use funds secured from global investment firm KKR for new investments in those fields. The plan calls for about 10 trillion won in strategic investment by 2031.

The spending will focus on AI-centered robot transformation, known as RX, as well as logistics. Lee also said Samsung SDS would begin by converting 1,000 production lines at Samsung affiliates to robotic systems.

We are reviewing robot investment and M&A.

· Lee Jun-heeSamsung SDS's CEO described the company's planned expansion in robotics and strategic investment.
About this summary

Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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