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Samsung Heavy Industries Company Video
Samsung Heavy Industries Company Video
Published: 2016/10/09
Channel: 삼성중공업
How BIG is Samsung? (They Have a Military Department!)
How BIG is Samsung? (They Have a Military Department!)
Published: 2015/04/25
Channel: ColdFusion
Republic of Korea a leader in shipbuilding market for 20 years
Republic of Korea a leader in shipbuilding market for 20 years
Published: 2016/05/02
Channel: fixmytoilet tony
Samsung Heavy Industries
Samsung Heavy Industries
Published: 2015/05/13
Channel: TIZEN Indonesia
Samsung floats world
Samsung floats world's largest vessel
Published: 2013/12/05
Channel: TeleFunkNews
Suezmax construction at SHI
Suezmax construction at SHI
Published: 2012/10/16
Channel: Stena Bulk
Korea
Korea's 'big three' shipbuilders finalize self-rescue plans amid lingering uncertainties
Published: 2016/06/12
Channel: ARIRANG NEWS
Team 18: Samsung Heavy Industries
Team 18: Samsung Heavy Industries
Published: 2017/01/31
Channel: fiumechdesign
Samsung Heavy Industries 7MW nacelle arriving at Narec
Samsung Heavy Industries 7MW nacelle arriving at Narec
Published: 2013/10/18
Channel: Narec 1
Journey to Australia | Shell
Journey to Australia | Shell's Prelude
Published: 2017/06/29
Channel: Shell
삼성중공업(Samsung Heavy Industries) 홍보영화 - IMAGE
삼성중공업(Samsung Heavy Industries) 홍보영화 - IMAGE
Published: 2015/07/15
Channel: 삼성중공업
Samsung Heavy Industries
Samsung Heavy Industries
Published: 2016/01/13
Channel: Audiopedia
HHI (Hyundai Heavy Industries)
HHI (Hyundai Heavy Industries)
Published: 2016/01/28
Channel: Maritime Korea Mac-Net
Samsung Heavy Industries PR FILM ver. ENG - FACT
Samsung Heavy Industries PR FILM ver. ENG - FACT
Published: 2016/03/09
Channel: 삼성중공업
삼성중공업(Samsung Heavy Industries) 홍보영화 - FACT
삼성중공업(Samsung Heavy Industries) 홍보영화 - FACT
Published: 2016/03/08
Channel: 삼성중공업
ferry _ SAMSUNG Heavy Industries
ferry _ SAMSUNG Heavy Industries
Published: 2013/12/04
Channel: Taejin Kim
Samsung Heavy submits self-rescue scheme to main creditor / YTN (Yes! Top News)
Samsung Heavy submits self-rescue scheme to main creditor / YTN (Yes! Top News)
Published: 2016/05/18
Channel: YTN NEWS
New orders raise hopes of recovery in Korea
New orders raise hopes of recovery in Korea's shipbuilding industry
Published: 2017/01/20
Channel: ARIRANG NEWS
SHI-India Corporate Film
SHI-India Corporate Film
Published: 2015/03/30
Channel: Shi India
SAMSUNG HEAVY INDUSTRY
SAMSUNG HEAVY INDUSTRY
Published: 2010/03/11
Channel: antox thok
Hyundai Heavy Industries and Samsung Heavy Industries win approval for rescue plan
Hyundai Heavy Industries and Samsung Heavy Industries win approval for rescue plan
Published: 2016/06/01
Channel: ARIRANG NEWS
New orders raise hopes of recovery in Korea
New orders raise hopes of recovery in Korea's shipbuilding industry
Published: 2017/01/20
Channel: ARIRANG NEWS
5 Killed In Crane Crash At Samsung Shipyard
5 Killed In Crane Crash At Samsung Shipyard
Published: 2017/05/01
Channel: NEWS ENGLISH
Synergy for Samsung: Samsung Heavy Industry, Samsung Engineering to merge   삼성중
Synergy for Samsung: Samsung Heavy Industry, Samsung Engineering to merge 삼성중
Published: 2014/09/01
Channel: ARIRANG NEWS
Mega-Crane Moving An Impossible Load - gCaptain
Mega-Crane Moving An Impossible Load - gCaptain
Published: 2011/08/25
Channel: gCaptain
a test ride thru the Samsung shipyard
a test ride thru the Samsung shipyard
Published: 2014/06/20
Channel: guido hatsis
Synergy for Samsung: Samsung Heavy Industry, Samsung Engineering to merge   삼성중
Synergy for Samsung: Samsung Heavy Industry, Samsung Engineering to merge 삼성중
Published: 2014/09/01
Channel: ARIRANG NEWS
Samsung Heavy Industries - Why invest in 2015
Samsung Heavy Industries - Why invest in 2015
Published: 2015/05/11
Channel: Why Invest In
Samsung Ship Model Basin(SSMB) - Cavitation Tunnel
Samsung Ship Model Basin(SSMB) - Cavitation Tunnel
Published: 2016/02/17
Channel: 삼성중공업
Samsung Heavy Industries Co.anniversary,,// indula
Samsung Heavy Industries Co.anniversary,,// indula
Published: 2008/04/20
Channel: indula2020
Samsung Heavy Industries uses SmartMarine 3D
Samsung Heavy Industries uses SmartMarine 3D
Published: 2009/04/24
Channel: Intergraph
EXPO2012 Samsung Heavy Industries Experience Booth
EXPO2012 Samsung Heavy Industries Experience Booth
Published: 2013/03/17
Channel: Wonky Kim
Sin SS SAMSUNG HEAVY INDUSTRY Big Data
Sin SS SAMSUNG HEAVY INDUSTRY Big Data
Published: 2016/07/13
Channel: AppleBoxAsia AppleboxAsia
Samsung Heavy Industries
Samsung Heavy Industries
Published: 2015/07/29
Channel: Why Invest In
Samsung Heavy Secures Order for 10 Container Ships
Samsung Heavy Secures Order for 10 Container Ships
Published: 2010/11/03
Channel: TheMarinewaves
Samsung Heavy Industries Stock Value Review - March 2015
Samsung Heavy Industries Stock Value Review - March 2015
Published: 2015/03/11
Channel: CasinoLotteryStatistics
Samsung Heavy industries accident
Samsung Heavy industries accident
Published: 2016/07/17
Channel: Georg Fedcom
Puskarr rai in samsung heavy industry of shipyard
Puskarr rai in samsung heavy industry of shipyard
Published: 2017/10/27
Channel: puskarr raii
EXPO2012 Samsung Heavy Industries Experience Booth - Projection Mapping
EXPO2012 Samsung Heavy Industries Experience Booth - Projection Mapping
Published: 2013/03/17
Channel: Wonky Kim
Samsung Heavy Industries Stock Value Review - March 2015 (No BGM)
Samsung Heavy Industries Stock Value Review - March 2015 (No BGM)
Published: 2015/03/11
Channel: CasinoLotteryStatistics
My Apartment in Deokpo, South Korea
My Apartment in Deokpo, South Korea
Published: 2009/06/29
Channel: abergman5
Sumitomo Heavy Industries Ltd. Corporate Video
Sumitomo Heavy Industries Ltd. Corporate Video
Published: 2015/07/05
Channel: SSDinNA
PP&M 2011 Platinum Pipe First Place Award Winner in Smart 3D Category
PP&M 2011 Platinum Pipe First Place Award Winner in Smart 3D Category
Published: 2011/06/30
Channel: Intergraph
Samsung heavy industry
Samsung heavy industry
Published: 2015/03/21
Channel: Rohmad Busan
Taking shape | Shell
Taking shape | Shell's Prelude
Published: 2015/07/06
Channel: Shell
Crane Collapse At Samsung Shipyard Kills At Least Six
Crane Collapse At Samsung Shipyard Kills At Least Six
Published: 2017/05/02
Channel: NEWS ENGLISH
Samsung Heavy Industries Business English Class for Engineers & Managers in Geoje
Samsung Heavy Industries Business English Class for Engineers & Managers in Geoje
Published: 2016/05/03
Channel: Eric Gabriel
Samsung Heavy union to strike on Thursday
Samsung Heavy union to strike on Thursday
Published: 2016/07/05
Channel: ARIRANG NEWS
Samsung Heavy union to strike on Thursday
Samsung Heavy union to strike on Thursday
Published: 2016/07/05
Channel: ARIRANG NEWS
samsung heavy industries sand art sand animation 샌드아트 샌드애니메이션
samsung heavy industries sand art sand animation 샌드아트 샌드애니메이션
Published: 2013/05/09
Channel: 샌드일러스트 하랑
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WIKIPEDIA ARTICLE

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Samsung Heavy Industries
Public
Traded as KRX: 010140
Industry Engineering
Naval engineering
Founded August 5, 1974; 43 years ago (1974-08-05)
Headquarters Samsung Town, Seoul, South Korea
Key people
Dae-young Park : President and CEO
Products Ships, Offshore plant, Wind power, Electric power & control systems and Engineering & Infrastructure
Revenue US$ 8.58 billion (2015)[1]
US$ (1.06) billion (2015)[1]
Total assets US$ 14.8 billion (2015)[1]
Total equity US$ 3.6 billion (2015)[1]
Owner Samsung Electronics 17.62%
National Pension Service 5.04%
Korea Investment and Securities 5.00% (as of 18 July 2011)[2]
Number of employees
11,897[3] (December 2016)
Parent Samsung
Website Samsung Heavy Industries

Samsung Heavy Industries or SHI (Korean: 삼성중공업) is one of the largest shipbuilders in the world and one of the "Big Three" shipbuilders of South Korea (including Hyundai and Daewoo). A core subsidiary of the Samsung Group, South Korea's largest conglomerate, SHI's main focus is on constructing ships, offshore floaters, gantry cranes, digital devices for ships, and other construction and engineering concerns.

SHI operates manufacturing facilities at home and abroad, including ship block fabrication factories in Ningbo and Rongcheng, China. The Geoje Shipyard in particular, SHI's largest shipyard in South Korea, boasts the highest dock turnover rate in the world. The largest of the three docks, Dock No. 3, is 640 metres (2,100 ft) long, 97.5 metres (320 ft) wide, and 13 metres (43 ft) deep. Mostly ultra-large ships are built at this dock, having the world's highest production efficiency with yearly dock turnover rate of 10 and the launch of 30 ships per year.[4]

SHI specializes in the building of high added-value and special purpose vessels, including LNG carriers, off-shore related vessels, oil drilling ships, FPSO/FSO's, ultra Large container ships and Arctic shuttle tankers. In recent times SHI has concentrated on LNG tankers and drillships.

History[edit]

Samsung Heavy Industries was established in 1974, when the company's Changwon plant was opened. SHI soon purchased Woojin, followed by the construction of Geoje shipbuilding facilities and merger with Daesung Heavy Industries.

Samsung Shipbuilding and Daesung Heavy Industries were merged under Samsung Heavy Industries in 1983. Since then, it has put efforts in the introduction of new technologies and development of products, while expanding the business area into heavy equipment and construction.

Since the 21st century, SHI began to build LNG and large passenger ships in earnest, and exported shipbuilding technologies to the United States. Samsung Heavy Industries decided to advance into the cruise ship market, the last remaining stronghold of EU shipbuilders. The company stated entering the undertaking was necessary to maintain its number one position in the global shipbuilding market.[5] In 2009, SHI was contracted to build a new residential cruise ship named Utopia, which will be the largest passenger ship ever assembled in Asia. The ship will test the waters by 2016.[6]

Vehicle production[edit]

Starting in the late 1980s, SHI produced forklifts and heavy equipment (mainly excavators) at Changwon.[7][8] The forklift production was established through agreements with Clark Material Handling Company (production started in 1986) and the heavy equipment production came from the construction equipment division of Korea's Heavy Industries and Construction, acquired by Samsung in 1983 (SHI began manufacturing heavy equipment in 1987).[7][9] Truck production was added in May 1993.[10] The company also assembled electric car prototypes.[11] The truck production business was spun off in 1996 as a separate company called Samsung Commercial Vehicles.[12][13][14] The forklift and heavy equipment businesses were sold off in 1998.[7][8]

See also[edit]

References[edit]

  1. ^ a b c d "Samsung Heavy Industries Co., Ltd". Nikkei Asian Review. 
  2. ^ "Daum stock data: Samsung Heavy Industries" (in Korean). Daum.net. Retrieved 18 July 2011. 
  3. ^ Welcome to Samsung Heavy Industries
  4. ^ 삼성중공업홈페이지
  5. ^ "SHI Opens an Era of Cruise Shipbuilding in Korea". Samsung Heavy Industries. 2 December 2009. Retrieved 11 January 2015. 
  6. ^ "A Cruise That Never Ends". Forbes. 1 December 2009. Archived from the original on 18 September 2012. Retrieved 1 March 2010. 
  7. ^ a b c "Construction Equipment Division of Samsung Heavy Industries Signs Letters of Intent with Volvo Construction Equipment and Clark Material Handling". Samsung. 19 February 1998. Archived from the original on 11 June 2016. 
  8. ^ a b Yun, Mikyung (2003). "Foreign Direct Investment after the Crisis". In Haggard, Stephan; Lim, Wonhyuk; Kim, Euysung. Economic Crisis and Corporate Restructuring in Korea: Reforming the Chaebol. Cambridge University Press. p. 255. ISBN 0-521-82363-3. 
  9. ^ Kwon, Ki-Yul. "A study on cross-border M&A and FDI policy in Korea". kdevelopedia.org. p. 33. Retrieved 9 October 2017. 
  10. ^ "Annual Report 1996" (PDF). Samsung. p. 59. Archived (PDF) from the original on 3 April 2015. 
  11. ^ Gadacz, Oles (20 June 1994). "Samsung introduces its 1st car an electric". Automotive News. Retrieved 11 June 2016. 
  12. ^ ルノーは日産ディーゼルをこうする!? ---サムソン商用車の末路 [Will Renault do the same with Nissan Diesel!? Samsung Commercial Vehicles ends] (in Japanese). Response.jp. 12 December 2000. Archived from the original on 19 April 2016. Retrieved 8 June 2016. 
  13. ^ Whitby, David R. (1999). "Automotive Trends in Asia". In Rudnick, Leslie R.; Shubkin, Ronald L. Synthetic Lubricants And High-Performance Functional Fluids, Revised And Expanded. CRC Press. p. 730. ISBN 0-8247-0194-1. 
  14. ^ Hong, Gweon-sam (24 November 2000). "Truck Firm Files For Bankruptcy". koreajoongangdaily.joins.com. JoongAng Ilbo. Archived from the original on 17 December 2014. Retrieved 15 September 2016. 

External links[edit]

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