Samsung Electronics President Kyung Kye-hyun to Receive Gold Tower Industrial Medal on 'Semiconductor Day'

Silver Tower and Bronze Tower Industrial Medals Awarded to Jeong Ji-wan, Chairman of Soulbrain Holdings, and Lee Byung-gi, Vice President of SK Hynix

Kyung Kye-hyun, President of Samsung Electronics DS Division, will receive the Gold Tower Order of Industrial Service Merit at the 16th 'Semiconductor Day' ceremony.

The Ministry of Trade, Industry and Energy and the Korea Semiconductor Industry Association announced on the 26th that they will hold the 16th Semiconductor Day ceremony at The-K Hotel in Seoul in the afternoon and award industry contributors.

Kyung Kye-hyun, President of Samsung Electronics DS Division [Photo by Yonhap News]

About 550 semiconductor industry contributors and related personnel will attend this year's ceremony. President Kyung will receive the Gold Tower Order of Industrial Service Merit, while Chairman Jung Ji-wan of Soulbrain Holdings and Vice President Lee Byung-ki of SK Hynix will be awarded the Silver and Bronze Tower Orders of Industrial Service Merit, respectively. A total of 82 recipients will be honored with Industrial Service Medals, Commendation Medals, and Presidential Citations.

Lee Seung-ryeol, Director of Industrial Policy at the Ministry of Trade, Industry and Energy, expressed gratitude to the attendees for their efforts in improving recent semiconductor export performance during his congratulatory speech. He also conveyed the government's commitment to securing a super-gap capability in the semiconductor industry and enhancing fabless (semiconductor design) competitiveness, aiming to achieve the national agenda of becoming a 'semiconductor superpower.'

Semiconductor Day is an event held since 2008 to commemorate October 29, 1994, when semiconductor exports reached 10 billion dollars. The ceremony is held annually on the fourth Thursday of October. South Korea's semiconductor industry has maintained the world's second position for 10 consecutive years. It is a key national industry, ranking first (19%) in terms of domestic export value.

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