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|Traded as||KRX: 009150 KRX: 009155|
|Headquarters||Suwon, Gyeonggi-do, South Korea|
|CEO: Lee Yun Tae|
|Products||MLCC, Printed circuit board (PCB), Network module, Camera module|
|Revenue||US$ 4,992 million (2016)|
|US$ 20 million (2016)|
|US$ 19 million (2016)|
|Total assets||US$ 6,340 million (2016)|
Number of employees
Samsung Electro-Mechanics (三星電機, English: Samsung Electro-Mechanics)is a South Korean electronics subsidiary of the Samsung Group that manufactures electronics components. The company produces chip parts such as MLCCs, printed circuit boards, camera modules, and network modules, and their semiconductor substrate has been number 1 in the world since 2005. The company is also working to become a global company, having completed a manufacturing base in Vietnam in addition to factories in the Philippines and Tianjin in 2010. Furthermore, a new Fo-PLP investment in Tianjin has been initiated in order to prepare the foundations of growth for a new market.
Established in 1973 as Samsung Sanyo Parts, name changed to Samsung Electric Parts in the following year. Name changed to Samsung Electronics Parts in 1977; name changed to Samsung Electro-Mechanics in 1987. The company is headquartered in Suwon, South Korea, with additional manufacturing facilities in Sejong and Busan. The company has overseas manufacturing subsidiaries in China, Thailand, the Philippines, and Vietnam. The company recorded revenues of 6.33 trillion Korean won and 24.4 billion Korean won in profits for 2016.
- March 1973: Established as Samsung Sanyo Parts, changes name to ‘Samsung Electric Parts’ - May 1977: Changes name to ‘Samsung Electronic Parts’ - February 1987: Changes name to ‘Samsung Electro-Mechanics’ - November 1990: Establishes ‘Samsung Electro-Mechanics Thailand’ - January 1994: Establishes ‘Tianjin Samsung Electro-Mechanics’ - July 1997: Establishes ‘Samsung Electro-Mechanics Philippines’ - May 2001: Establishes ‘Samsung High-Tech Electro-Mechanics(Tianjin)’ - April 2009: Establishes Samsung LED, an LED joint corporation with Samsung Electronics, October: Included in the ‘Dow Jones Sustainability Index (DJSI)’ - April 2010: Develops ‘World’s Smallest Ultra Slim Tuner’ - July 2010: Establishes ‘Kunshan Samsung Electro-Mechanics’ - September 2011: Competes Tianjin Binhai Factory in China - October 2011: Develops world’s best performing 0603 2.2㎌ MLCC - July 2013: Establishes manufacturing base in Vietnam - October 2013: Develops world’s best performing camera module - January 2014: Recognized for world's first self charging wireless charging. - September 2016: Inclusion in Dow Jones Sustainability Index World for 8 years in a row - August 2016: Completes new factories in the Philippines, Tianjin (Binhai) - October 2016: Holds FO-PLP equipment installation and safety ceremony at the Cheonan Plant - April 2017: Samsung Electro-Mechanics Philippines completes new factory - May 2017: Tianjin Samsung Electro-Mechanics completes new factory
- MLCC (Multi-Layer Ceramic Capacitor)
: A part needed for electronics components that allows current to flow, essentially playing the role of a dam. It is a versatile component that goes into almost all electronics, with smartphones having about 800 inside and LED TVs having about 2,000 inside. With electronics becoming ever smaller, the global trend has been to develop small MLCCs with large capacities; Samsung Electro-Mechanics is currently producing an ultra small 0402 (0.4mm x 0.2mm) MLCC that is about as thin as a human hair. As the MLCC market improves, average unit costs have trended upward. As such, the performance of the Component Sales Division of Samsung Electro-Mechanics is expected to improve even further.
※ Korea Economic Daily article footnote (9/11)
- Camera Module
※ Electric Times Internet article footnote (6/14)
- Rigid-Flex PCB
※ Electric Times Internet article footnote (11/16)
Samsung Electro-Mechanics, which directly sells over 80 percent of its own products overseas Samsung operates production subsidiaries, R&D centers, sales subsidiaries, and offices suitable for the characteristics of the five regions of the U.S., Europe, Japan, China, and Southeast Asia. Customers can visit Samsung Electro-Mechanics, a global supplier that guarantees high-quality products, in any corner of the globe.
H.Q. & Suwon Plant
150, Maeyoung Road, Yeongtong-Gu, Suwon City, Kyeonggi Province 443–743, Korea
25, Samsung Road, Yeondong-myeon, Sejong 339–702, Korea
114, Noksansaneopjung Road, Gangseo-gu, Busan 618-270, Korea
27st Fl, Samsung Seocho-Tower 1320-10, Seocho 2-dong, Seocho-gu, Seoul 137-857, Korea
Tianjin Samsung Electro-Mechanics Co., Ltd.(TSEM) 27, Heiniucheng-Road, Tianjin, China 300210
Samsung High-Tech Electro-Mechanics Co., Ltd.(STEM) Xiqing Dist. Micro-Electronics Industrial Park, Jingang Highway, Tianjin, China 300385
Kunshan Samsung Electro-Mechanics Co., Ltd.(KSEM) 8, Yoaning Rd, Kunshan E&T Development Zone, Jiangsu Province, P.R. China 215300
Samsung Electro-Mechanics Philippines Corp.(SEMPHIL) Block No. 5, Calamba Premiere International Park, Barangay Batino, Calamba, Laguna, The Philippines
Samsung Electro-Mechanics Thailand Co., Ltd.(SEMT) Wellgrow Industrial Estate, 93 Moo 5T. Bangsamak, A. Bangpakong, Chachoengsao 24180, Thailand
Samsung Electro-Mechanics Vietnam Co., Ltd.(SEMV) Yen Binh Industrial Zone, Dong Tien Ward, Pho Yen District, Thai Nguyen Province 250000, Vietnam
As of January 2018 Samsung Electro-Mechanics’ Board of Directors is composed of 3 internal directors and 4 outside directors, and there are 5 sub committees within the Board of Director. These committees are the Compensation Committee, Management Committee, Audit Committee, Outside Director Nomination Committee, and the Internal Trading Committee. Currently, an outside director is serving as Chairman of the Board for Samsung Electro-Mechanics.
Samsung Electro-Mechanics was classified at A+ rating in ESG assessment and selected as the outstanding company in the securities market from Korea Corporate Governance Service in 2016.
In the results of the evaluation of CDP(Carbon Disclosure Project) Korea Committee in 2016, Samsung Electro-Mechanics has been selected in CDP Korea Hall of Fame for three consecutive years in 2014. CDP Korea Hall of Fame is retained only if the company achieves Leadership A- or higher. CDP is the assessment initiative showing high reliability of the entire world's sustainability assessment indicators. It is used as investment guidelines related to climate change of financial investment institute by collecting and opening greenhouse gas information of the world's major listed companies.
Since 2008, Samsung Electro-Mechanics has built low-carbon management system such as carbon management system, low-carbon product development. It also participated in Green Partnership promoted by Korea government for making low-carbon supply of suppliers by supporting for reduction of carbon dioxide and development of low-carbon product to the suppliers. In 2013, it published carbon management report in order to open performance carbon management and future plans of carbon management and it opened 'Low-Carbon mid-term Vision 2020' vision with goal of 15% reduction of GHG intensity compared to 2014 by the year of 2020. It reduced by about 250,000 tons of greenhouse gases over the last five years based on the low-carbon medium term strategy.
In the 34th Energy-Saving Promotion conference awarding a prize to person who contributed to the improvement of energy efficiency and overcoming the power supply crisis, Chi-joon Choi, CEO of Samsung Electro-Mechanics was awarded the Siver Tower Industry medal with best honor. Since the organization dedicated to energy was established in 2008, it has established energy management policy and has built global energy management system basis. With these system, it had made about 2,000 energy reduction projects for 5 years until 2012 and it accomplished investment of 35.6 billion won and reduction effect of 42.4 billion one. It is removing energy waste factors by installing standards of equipment energy efficiency rating system, building efficiency rating system, supply equipment efficiency rating system.
It was awarded the energy management system certificate (ISO 50001) by Korea Energy Management Corporation and it is participating to "Energy Management Accomplishment Evaluation Demo Business".
Samsung Electro-Mechanics is contributing to society in many ways by providing cultural activities, physical activities and medical support. SEMCO runs a handicapped/youth orchestra program, hosts a national badminton tournament for handicapped players and provides free artificial joint surgery for low income families. In addition, each Division of SEMCO has established a sisterhood relationship with farming/fishing villages, in order to provide support for the local communities.
Since 2002, Samsung Electro-Mechanics started to set up a sisterhood relationship with farming or fishing villages around the country, and as of 2016, Samsung Electro-Mechanics is now twinned with 17 small towns in Jeolla-do and Gangwon-do.
In 2005, Samsung Electro-Mechanics started to provide free artificial joint surgery for low income families as part of the company's medical support policy, and as of 2016, 514 beneficiaries from Gyeonggi-do, Chungcheong-do and Gangwon-do regions underwent the procedure.
Since 2006, a badminton tournament for disabled is regularly held annually, and about 3,000 people including the players, supporters and volunteer service teams participate from 16 cities around the country.
Since 2008, the national music competition for handicapped students, in which individuals or groups of students with developmental disabilities, visual impairment or physical disabilities can participate and compete, is being hosted along with TJB Daejeon TV.
In 2016, Samsung Electro-Mechanics obtained an excellent grade in win-win growth index evaluated by the National Commission for Corporate Partnership since 2012. Samsung Electro-Mechanics developed a win-win fund of 77.5 billion KRW from October 2010 to support facilities and operation of its partner companies (suppliers), and still strengthening support for its suppliers by expanding performance sharing policy, providing funds and supports for 2nd vendors and providing consultation. For 6 years from 2006 until 2012, SEMCO's sales improved by 2.4 times, while the average sales of partner companies (suppliers) improved by 3.1 times.
In 2004, Samsung Electro-Mechanics created its own win-win cooperation department and provided a variety of supports in many different areas since.
In 2005, "Win-Win Plaza" that can accommodate employees from partner companies and co-develop many projects, was established in Suwon Plant. Every year, about 10 suppliers move in and closely work with Samsung Electro-Mechanics from the initial stage of product development. For instance, "Digitaloptics", a partner company who moved into the Win-Win Plaza in 2011, co-participated in "Sharing Performance Policy" with Samsung Electro-Mechanics, and as a result, they were able to improve their productivity, reduced the cost of lens to 50% and reduced molding cost.
In 2009, Samsung Electro-Mechanics established an educational-industrial consortium and a win-win academy to expand learning opportunities for employees of partner companies and provide training & education that centers around the work-site. Since 2011, Samsung Electro-Mechanics hosted an annual "Win-Win Growth Technology Development Exhibition" where SEMCO and partner companies can co-develop new products that require immediate securing of original technologies.
In July 2013, Samsung Electro-Mechanics held a relay open communication forum with 320 partner companies and 2nd vendors for 1 month and discussed about new technologies, new product development R&D and how to improve competitiveness. From the open communication forum, 3 key topics for Win-Win Growth ("Improving supplier competitiveness, Expanding performance sharing policy and creating green management ecosystem) was suggested.
In 2016, Samsung Electro-Mechanics set direction of win-win growth as TRUST and run a variety of programs; Technology, Responsibility, Upgrade, Share/Security, Together. Since 2004, Samsung Electro-Mechanics has been holding a Win-win Growth Festival in which Samsung Electro-Mechanics shares the direction of win-win growth and award top suppliers every year in order to strengthen strategic partnership with suppliers and promote win-win relationship. 
Samsung Electro-Mechanics does not use conflict minerals(3TG: Tantalum, Tin, Tungsten, Gold) unethically mined in 10 countries. Samsung Electro-Mechanics take part in the ‘Conflict Minerals Free Committee’ organized by the CFSI co-established by the EICC and GeSI, and KEA(Korea Electronics Association), managing conflict mineral risks within the supply chain.
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