Samsung SDS says Q3 cloud revenue nears 800 billion won, expands AI security cooperation with global firms

Samsung SDS said it posted third-quarter sales of 3.77 trillion won and operating profit of 241.0 billion won, up 11.2 percent and 3.7 percent from a year earlier. It said growth was led by its external cloud business and air and ocean logistics. Cloud revenue rose 18 percent to 796.1 billion won, while logistics sales increased 16 percent to 2.09 trillion won. The company also highlighted expanding AI security partnerships.