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Samsung Electronics “201 suppliers last year’s sales of 58 trillion won”… Video release of the 40th anniversary

Input 2020.12.27 10:17

Hyun-Seok Kim, CEO “Thanks to growing into a global company”

Kim Hyun-seok, CEO of Samsung Electronics, is expressing his gratitude to partners through a video commemorating the 40th anniversary of the foundation of the Hyupseon on the 27th. / Samsung Electronics Newsroom YouTube capture

Samsung Electronics (005930)On the 27th, on the 27th, in celebration of the 40th anniversary of the launch of the’Samsung Electronics Supplier Council (Cooperative Association)’, a video introducing the win-win achievements with suppliers was released in the’Samsung Electronics Newsroom’.

According to Samsung Electronics, as of last year, the total sales of 201 member companies of Hyeopseonghoe were about 58 trillion won and the number of employees employed was about 283,000, which is 25 times higher than in 1991 and more than 6 times employment. 9 companies with sales exceeding KRW 1 trillion are Dongwoo Fine Chem, SFA, MCNEX, Partron, and Daedeok Electronics.

Samsung Electronics is operating a win-win fund worth 2.2 trillion won to stabilize the management of business partners. Incentives of 380 billion won have been paid to excellent suppliers from 2010 to the present. Since 2015, more than 27,000 patents have been opened free of charge, and this year, funding, logistics, and quarantine supplies were provided for business partners suffering management difficulties due to the aftermath of the novel coronavirus infection (Corona 19).

Hyeopseonghoe was founded in 1981 by 39 primary suppliers of Samsung Electronics. It conducts discussions on win-win activities with Samsung Electronics, resolving difficulties, seminars and scholarship programs to learn new technologies and methods for secondary and tertiary partners.

Through the association, achievements such as localization of equipment are also coming out. Last year,’Iotechnics’ succeeded in localizing high-performance laser production equipment that had been dependent on imports after 8 years of joint research with Samsung Electronics. This equipment is evaluated as a key equipment to solve the problem of DRAM defects caused by the smaller circuit.

‘Wonik IPS’ localized CVD equipment used in semiconductor wafer manufacturing in 2018. This equipment is used to chemically react gaseous chemicals on a wafer to form a thin film. ‘Intops’ has developed new material plastics for Samsung Electronics smartphone products such as’Galaxy A51 5G’, which was launched this year.

Kim Hyun-seok, CEO of Samsung Electronics said, “Partners are Samsung Electronics’ most reliable partners. Thanks to this, Samsung Electronics has grown into a global company and Korea has become an IT powerhouse.” “He said.

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