Samsung Electro-Mechanics Recognized by Bosch... Awarded 'Global Excellent Supplier Award'

Plaque of Bosch, the world's largest automotive parts manufacturer, for the 'Global Excellent Supplier Award'. (Photo by Samsung Electro-Mechanics)

[Asia Economy Reporter Jeong Hyunjin] Samsung Electro-Mechanics announced on the 26th that it received the 'Global Excellent Supplier Award' from Bosch, the world's largest automotive parts manufacturer.

Bosch awards this prize to outstanding suppliers based on a comprehensive evaluation of quality, technology, and sustainability among suppliers worldwide. The award is given every two years, and this year, 46 companies from 16 countries were selected out of 23,000 companies. A Samsung Electro-Mechanics official explained, "We were the only domestic company selected."

Samsung Electro-Mechanics develops and manufactures various automotive MLCCs, including those for braking systems (ABS), advanced driver assistance systems (ADAS), and powertrain MLCCs. Automotive MLCCs are directly linked to safety and must secure a high level of reliability. Samsung Electro-Mechanics' automotive MLCCs are reported to have industry-leading product lifespan, product stability, and withstand voltage characteristics.

Samsung Electro-Mechanics stated that it is expanding its market share of automotive MLCCs based on technology such as ultra-fine materials and next-generation equipment development, and strengthening its lineup of high value-added automotive products such as automotive camera modules. Kyung Kye-hyun, CEO of Samsung Electro-Mechanics, said, "We are very pleased that Samsung Electro-Mechanics' technology and quality have been recognized by the world's best automotive parts company," adding, "Samsung Electro-Mechanics will do its best to further enhance customer value with differentiated quality and innovative new manufacturing methods."

This content was produced with the assistance of AI translation services.