Samsung SDS Raises $820M from KKR to Fuel Global AI Expansion

Event Summary

Samsung SDS raised $820 million (1.22 trillion won) from KKR & Co. through convertible bonds, marking the company's first private equity deal and signaling an end to its long-standing debt-free policy. The funds will be used for global expansion and acquisitions in physical AI and stablecoin platforms in the US. About 37,000 Samsung workers are expected to attend a rally in South Korea, with a threat of a strike next month that could disrupt chip supplies.