Samsung SDS (KRX:018260) entered a memorandum of understanding with Ansys Korea to boost its cloud business using the latter's computer-aided engineering (CAE) simulation tools, Pulse News reported Tuesday.
Samsung SDS will provide AI-powered cloud infrastructure via its Samsung Cloud Platform, while Ansys Korea will offer CAE solutions and technical support. The partnership aims to streamline simulation access and boost product development across industries, it said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Price (KRW): ₩146400.00, Change: ₩+100, Percent Change: +0.07%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.