Exterior view of Shinil Electronics headquarters.

Exterior view of Shinil Electronics headquarters.

View original image

Shinil Electronics celebrated its 64th anniversary by holding a founding ceremony in the large conference room of its Seoul office and announced the vision of ‘ACT (Saengdong)’ on the 17th.


The ceremony, held face-to-face for the first time in three years, was attended by Chairman Kim Young, CEO Jung Yoon-seok, and other executives and employees of Shinil Electronics.


Chairman Kim said, “Even in a difficult management environment such as the financial market and economic recession, if Shinil members act with passionate behavior and attitude to become ‘Saengdong (living and active),’ we will overcome the current crisis and make a greater leap forward. Let’s turn the current crisis into a stepping stone for growth.”


CEO Jung encouraged, “A corporate culture that actively responds to external changes is a key factor for the growth of both the company and its employees. Let’s create momentum that can secure both profitability and sustainability.”



This year, Shinil plans to diversify its sales structure and improve profitability by strengthening its premium product lineup beyond the seasonal home appliances-centered profit structure. In addition, to minimize the contraction of consumer sentiment caused by high inflation and increases in electricity and gas rates, the company plans to build a lineup of premium home appliances that are low-power and high-efficiency. Low-power appliances not only generate profitability and technological competitiveness but also reduce standby power consumption and carbon emissions during product use, thereby contributing to environmental protection.


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing