Samsung SDS Wins Mega KDB Deal
July 03, 2020 at 07:02 pm EDT
Samsung SDS headquarters in Seoul /Courtesy of Samsung SDSSamsung SDS was chosen as the preferred negotiator for Korea Development Bank's (KDB) IT system management project, a deal valued at an estimated KRW 287 billion ($239 million).If their upcoming negotiations progress smoothly, the decision by the state lender will allow the
Samsung affiliate to handle the entire maintenance of the bank's banking information systems over five years starting from February 2021.