Samsung SDS considers spinning off logistics business
[SEOUL] Samsung SDS Co Ltd said on Tuesday it is considering spinning off its logistics process outsourcing business, and will consider acquisitions and new businesses to increase external customer sales.
Samsung SDS, which handles some of Samsung Electronics' global logistics process outsourcing, said in a regulatory filing it had reported to its board of directors about the spinoff under consideration, but gave no details.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Koh Brothers Eco Engineering faces up to S$57.6 million in potential legal liabilities
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Father-and-son duo Raj Kumar and Kishin in exclusive due diligence to buy Scotts Square