Samsung SDS has acquired the Gumi Plant One site from Samsung Electronics in Gumi-si, Gyeongsangbuk-do, South Korea, for 21.5 billion won ($15.4 million). The facility, originally a manufacturing plant since 1983, has seen reduced utility as production functions moved elsewhere, prompting its sale. Samsung SDS plans to repurpose the site into a data center, expanding its cloud business and strengthening its presence in South Korea.
Events
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2024 - Stage Change - Announced
Samsung SDS acquired the Gumi Plant One site from Samsung Electronics and announced plans to develop it into a data center.
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