Focusing on global business competitiveness and expanding solutions and external business

Samsung SDS held its 32nd Annual General Meeting of Shareholders at Samsung SDS Tower on the 24th.

At the general shareholders' meeting held on this day, financial statements were approved, including last year's sales of 8.1802 trillion won and operating profit of 627.1 billion won, as well as a dividend of 750 won per share, which increased 1.5 times compared to the previous year. They appointed directors and audit committee members and passed a motion regarding the limit on directors' remuneration.


In his opening remarks, CEO Jung Yoo-sung emphasized, “Samsung SDS has set this year’s management policy as ‘Strengthening Business Competitiveness through Challenge and Innovation,’ and plans to further enhance its global business competitiveness to be reborn as a global IT service company.”

Regarding cooperation with affiliates and areas of external activity, he stated, “We plan to continuously identify and foster future growth businesses by establishing mid-to-long-term growth strategies based on core technologies such as IoT, cloud, big data, and AI (artificial intelligence).”

"In addition, we plan to significantly focus on strengthening business competitiveness by improving our business system, such as securing cloud pricing competitiveness and streamlining data center operations," he added.

In addition, CEO Jung Yoo-sung emphasized that the company will continue to strengthen its development capabilities to establish a developer-centric culture and leap forward as a leader in the global IT industry.