Samsung Electro-Mechanics' Jang Deok-hyun Visits Partners: "Let's Create New Growth Opportunities Through Win-Win Cooperation"

by Han Yeju

Published 23 Oct.2024 08:38(KST)

'Co-Prosperity Communication Forum' Held

Jang Deok-hyun, President of Samsung Electro-Mechanics, emphasized that "the realization of future industry technologies must be based on components and materials," and urged, "Let us secure core technologies and create new growth opportunities through close win-win cooperation with partner companies."

On the 23rd, President Jang visited EO Technics and held a 'Win-Win Growth Communication Forum' with members of the Partner Companies Council (Hyeopbuhoe), making these remarks.

The Win-Win Growth Communication Forum is a platform to exchange the company's strategies, plans, and investment outlooks, and to strengthen cooperative relationships through interactive communication such as Q&A sessions. Samsung Electro-Mechanics conducts business with a total of over 400 partner companies domestically and internationally. These partners range from companies with annual sales in the 1 billion KRW range to those in the 1 trillion KRW range, and among them, 37 major domestic component companies are registered as members of the 'Hyeopbuhoe.' The Hyeopbuhoe was established in 1986 and has nearly 40 years of history. About 30 members of the Hyeopbuhoe, along with President Jang Deok-hyun and key executives of Samsung Electro-Mechanics, attended this event.

Jang Deok-hyun, President of Samsung Electro-Mechanics, is visiting partner companies to explain the direction of business promotion. <br>[Photo by Samsung Electro-Mechanics]

Jang Deok-hyun, President of Samsung Electro-Mechanics, is visiting partner companies to explain the direction of business promotion.
[Photo by Samsung Electro-Mechanics]

On this day, President Jang Deok-hyun announced the main directions for each business division and development plans for each product. He also personally explained the new business (Mi-RAE) projects related to automotive electronics, robotics, artificial intelligence & servers, and energy. He provided detailed answers to various questions from partner company representatives regarding growth strategies and investment outlooks for each business division.

Meanwhile, Samsung Electro-Mechanics unusually held the event this year at EO Technics, the chair company of the Hyeopbuhoe. Samsung Electro-Mechanics explained, "We hosted the event at a partner company to understand the situation from the partner's perspective, share excellent cases together, and continuously strengthen cooperation for win-win growth."

Samsung Electro-Mechanics awarded a commendation to EO Technics, which has served as the chair company of the Hyeopbuhoe for 15 years, strengthening competitiveness through win-win cooperation and practicing mutual growth. The chair company of the Hyeopbuhoe represents 37 companies, promotes the culture of win-win growth, and supports cooperative tasks such as convening general meetings and compliance with fair trade.