Samsung SDS, CMC ink investment contract in Vietnam

The investment contract is the comprehensive technology cooperation of Samsung SDS & CMC.

Samsung SDS representatives will join the Board of Directors of CMC, share business strategies and build mutual growth promotion programs. In cooperation with Samsung SDS, CMC will receive the benefits from the resonance in technology strength and market potential, further enhance Southeast Asia market. In return Samsung SDS will also improve its position in the Vietnamese market by integrating the latest technologies and solutions into CMC's business network.

Samsung SDS and CMC will cooperate to develop business in key technology fields including smart factory, cloud, security, building management system IoT, and digital signage. The two parties continue to develop business in artificial intelligence (AI), blockchain and big data. In the business of smart factory, Samsung SDS and CMC will focus on Korean factories in Vietnam, then expand their deployment to Vietnamese companies.

Furthermore, Samsung SDS also plans to cooperate with CMC to make the company to become GDC Global Software Development and Maintenance Center in Southeast Asia market. CMC will act as the main partner in business operations in Asia and on the global scale of Samsung SDS.

This strategic investment agreement confirms the trust of Samsung SDS in CMC and proves the capacity of Vietnamese technology companies in the trend of globalisation.