Samsung SDS (Samsung SDS) announced on the 30th that its revenue for the second quarter reached 3.7178 trillion won, with an operating profit of 231.8 billion won, representing increases of 5.9% and 0.7%, respectively, compared to the same period last year.
Revenue from the IT services business segment rose 5% year-on-year to 1.7625 trillion won. The cloud business, which accounts for the largest share of the IT services sector, recorded revenue growth of 17% year-on-year at 779.4 billion won. Notably, external business revenue surged by 75% compared to the same period last year, driving performance improvements.
Within the cloud business, the CSP segment grew 24% year-on-year due to increased demand for Samsung Cloud Platform (SCP) and the expansion of GPUaaS (GPU as a Service) services in public and external industries. The MSP segment saw a 17% year-on-year increase, driven by growth in AX projects in the financial sector and ERP projects in the shipbuilding industry.
The logistics business segment recorded revenue of 1.9553 trillion won, up 6.6% year-on-year, as contract logistics focused on air forwarding and inland/warehouse operations expanded, while external businesses centered on Cheil Square also grew.
In the AI infrastructure domain, Samsung SDS was selected in June as a core partner for the Ministry of Science and ICT's "GPU Acquisition, Construction, and Operation Support Project," and is currently building national AI infrastructure. Following the introduction of NVIDIA B300-based GPUaaS in March—the first in Korea—the company launched an NPUaaS product based on domestic Furiorea AI Renegade in July.
In the AX and AI services domain, after being selected as the priority negotiation partner in April for the "AI Agent Construction Project for AX," which applies over 175 AI agents to Woori Bank's core operations, Samsung SDS further secured a project to build a generative AI system for the Export-Import Bank of Korea, expanding its AX business primarily within the financial sector.
In the AI platform and solutions domain, the company is promoting the spread of AI in public and corporate sectors based on its generative AI solution, Briteworks, while also establishing a cooperation framework with three major global AI companies—OpenAI, Anthropic, and Google Cloud—for the first time in Korea.
Samsung SDS is expanding strategic investments in digital assets and physical AI fields to secure future growth drivers and discover new business opportunities.
In May, Samsung SDS acquired a 4% stake in DouNamu, Korea's leading digital asset exchange, alongside Samsung Securities and Samsung Card. Based on this, the company plans to actively identify new business opportunities in the digital asset infrastructure market.
In June, through Samsung Venture Investment, Samsung SDS made a strategic investment in Walden Robotics, a U.S.-based physical AI full-stack company. Starting with Walden Robotics, Samsung SDS aims to expand partnerships with global robotics companies and advance its "robot orchestration" business, which integrates and controls various robots and connects them with manufacturing execution systems.
Additionally, the company will continue investing to flexibly respond to surging AI infrastructure demand. It plans to expand its existing 110 MW-scale AI infrastructure to 230 MW by 2029 and further grow the AI infrastructure business scale to over 800 MW by 2031, including DBO projects, thereby continuously strengthening its AI infrastructure competitiveness.
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