Search results for Samsung Heavy Industries
AI & Enterprise
Samsung to float AI data centres at sea, eyes commercialisation in 2028
Samsung Heavy Industries is moving to commercialise floating data centres by the second quarter of 2028 and is also seeking to secure orders before installation, industry sources say. The plan comes as land-based data centres face rising burdens from power and water use, local opposition and a shortage of sites, amid growing AI-driven computing demand. The company is considering a barge-style platform carrying servers and power equipment, with future options including LNG-based fuel cells and renewables.
Industry
Samsung Electronics to reshape future industry portfolio with region-specific clusters
Samsung plans to reorganise its future industry portfolio into four regional clusters, centred on a Seoul metropolitan semiconductor hub and additional bases in Honam, Chungcheong and Yeongnam. The company said it will invest a total of 2,655 trillion won domestically to foster cutting-edge future industries. Spending includes 2,030 trillion won for the capital region’s chip cluster and 625 trillion won for AI semiconductors, robots, batteries and IT components and materials in other regions.
Industry
Samsung signs shared-growth deal with suppliers to extend support across supply chain
Samsung Group has expanded its support system for partner companies across its supply chain. Eleven affiliates including Samsung Electronics signed an agreement on June 29 at Samsung Electronics\' Suwon campus with first- to third-tier partner companies to build a shared-growth ecosystem. About 6,700 partner companies in Samsung\'s supply chain are expected to benefit. The deal covers funding, technology and staffing, and includes support for second- and third-tier suppliers and an industrial accident fund plan.
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Finance
KB Kookmin Bank arranges 4 trillion won financing for U.S. LNG infrastructure
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Finance
Shinhan, Hana and Woori expand supply chain finance with Korea Trade Insurance Corp for shipbuilding
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Finance
KOSPI outlook after record highs: semiconductors, dollar and earnings in focus
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Finance
Korean stocks outlook: ceasefire hopes and uncertainty collide; focus on dollar-weakness beneficiaries
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Industry
Samsung to hold first-half open recruitment drive, 18 units to take part
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AI & Enterprise
Allison HyperM declares shift to AI-based communications, hires CTO and CNO
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Finance
KOSPI rises for 8th session, ends just below 4,700
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Industry
Samsung selects 17 master craftsmen, largest ever