30 June 2000 - Samsung Electronics is looking to conquer the PC server market for mid and small companies with the help of its 23 venture businesses. In response Compaq, LGIBM, Hewlett Packard, and others are gearing up to strengthen their position, creating the belief that a tough battle lies ahead this summer in the PC server market.
Samsung Electronics announced on June 29 its intention to take over the domestic PC server maket after exchanging a Memorandum of Understanding with 23 venture companies, including Linux Korea, and Baeoon.com, for the joint development of various solutions.
By putting more weight on Internet Data Centers (IDC) and e-commerce solutions between businesses (B2B) Samsung aims to sell approximately 18,000 PC servers, thus taking over first place in the market in the latter half of this year.
Samsung is currently holding 'Samsung Smart Solution Fair 2000' on June 29 and 30 in COEX in Samsung-dong, Seoul. The four new servers that will be featured at the fair will receive a lot of marketing.
The domestic server market reached around 32 thousand units sold last year owing to the Internet boom. This year, encouraged by the vibrant IDC market, the number is expected to rise to 70 thousand.