Home » today » Business » Samsung Electronics-40 years with partners… “The most reliable companion”

Samsung Electronics-40 years with partners… “The most reliable companion”

The 40th anniversary performance video released… Shared growth between Samsung and partners

Focused on funding, technology, and manpower… Lee Jae-yong emphasizes the philosophy of’accompanying’

(Seoul = Yonhap News) Reporter Kim Young-shin = Samsung Electronics[005930]Released a video on the 27th that contained the activities and achievements of the’Samsung Electronics Supplier Council’, which celebrated its 40th anniversary this year.

Hyeopseonghoe was established in 1981 by Samsung Electronics and 39 primary partners for mutual development, and 201 companies are currently members.

The members of the Hyupsung Society discuss win-win activities with Samsung Electronics on behalf of their suppliers, and conduct competitiveness improvement activities, volunteer activities, and scholarship programs for secondary and tertiary suppliers.

photo-group">

Samsung Electronics Supplier Council 40th Anniversary Video Image

[삼성전자 뉴스룸 제공. 재판매 및 DB 금지]

The 40th anniversary video introduces the achievements such as the localization of technology of the members of the Hyupsung Society, where Samsung Electronics reached the top of the world in the fields of semiconductors, TVs, and mobile phones under the theme of ’40 Years of Companion to the Best.’

It is said that the members of Hyeopseonghoe also made a quantum and qualitative leap together with Samsung Electronics and have grown as one of the pillars of the Korean economy.

The total sales of 201 companies of Hyeopseonghoe last year were about 59 trillion KRW, and the number of employees was 283,000. Companies with sales exceeding KRW 1 trillion are Dongwoo Fine Chem and SFA[056190], MCNEX[097520], Patron[091700], Daedeok Electronics[353200] It reaches 9 places.

Compared to 1991 and last year, sales of member companies increased by more than 25 times and the number of employees employed by more than 6 times. Daedeok Electronics, a printed circuit board (PCB) company, increased 121 times from 8.8 billion won in sales in 1980 to 1.72 trillion won last year, and its number of employees increased 12 times from 280 to 3,500.

photo-group">
Semiconductor equipment company Wonik IPS
Semiconductor equipment company Wonik IPS

[삼성전자 제공. 재판매 및 DB 금지]

Members of Hyeopseonghoe presented world-class products by challenging the localization of core technologies. Iotechnics[039030]Succeeded in localizing high-performance laser production equipment that was dependent on imports through joint research and development with Samsung Electronics for 8 years.

Wonik IPS[240810]In 2018, with technical support from Samsung Electronics, it localized CVD (a process in which gaseous chemical components form a thin film by chemical reaction on a substrate) equipment and core technologies used in semiconductor wafer manufacturing.

Intops, a mobile phone exterior injection company[049070]Developed a new material plastic used for the’Galaxy A51 5G’ released this year.

photo-group">
An employee of'RFHIC', a network equipment company, attaches a semiconductor chip inside a circuit board.
An employee of’RFHIC’, a network equipment company, attaches a semiconductor chip inside a circuit board.

[삼성전자 제공. 재판매 및 DB 금지]

Samsung Electronics has emphasized companionship with partner companies according to the company’s “companion and win-win” management philosophy with Vice Chairman Lee Jae-yong. With the announcement of an investment plan worth KRW 180 trillion in 2018, a new fund to support tertiary suppliers worth KRW 700 billion was created, and incentives for outstanding suppliers were expanded. Several win-win measures have been expanded and implemented, such as reflecting the increase in the minimum wage to the unit price of delivery.

Samsung Electronics is providing intensive support in three areas, including funding, technology, and manpower, to strengthen the competitiveness of suppliers. In particular, we operate a win-win fund and a water support fund with a scale of KRW 2.2 trillion to stabilize the management of business partners.

From 2010 to now, incentives of about 380 billion won have been paid to excellent semiconductor suppliers who have achieved their productivity and safety goals.

From 2015, 27,000 patents have been opened to suppliers for free, and from 2018, the Academy for Win-Win Cooperation has been established to provide systematic support.

This year, it provided emergency funds and logistics and delivered quarantine supplies for partners suffering from Corona 19. Existing educational activities continued by replacing them with non-face-to-face. About 14,000 employees from suppliers participated in 350 online training courses operated by Samsung Electronics this year.

photo-group">
Samsung Electronics, Small and Medium Business Smart Factory Support
Samsung Electronics, Small and Medium Business Smart Factory Support

[삼성전자 제공. 재판매 및 DB 금지]

Since 2018, Samsung Electronics has expanded the target of smart factory construction support to companies that do not have transactions. We help build smart factories for all small and medium-sized companies that need support regardless of whether or not they do business with Samsung Electronics.

Kim Hyun-seok, CEO of Samsung Electronics, said, “Thanks to our partner companies, which are our strongest partners, Samsung Electronics has grown into a global company and Korea has become an IT powerhouse.”

Daedeok Electronics CEO Kim Young-jae, Chairman of Hyeopseong-hoe, said, “Since the beginning of the electronics industry, Samsung Electronics’ management has emphasized to partners’Let’s go away together, let’s create a strong electronics industry’.” said.

[email protected]

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.