DONGGUAN SAMSUNG ELECTRO-MECHANICS CO. LTD.
Dongguan
Samsung Electro-Mechanics Co. Ltd., a wholly owned enterprise
of Samsung Electro-Mechanics, was established in Liaobu
Town in 1992. Occupying an area of 53,000 m2, with 6,300
employees, the company specializes in the production
of kernel electronic components, with part of its products
holding a market share of about 20%.
With
the support of convenient transportation and a complete
electronic industry chain, the company has achieved
rapid development. The total amount of investment has
been increased for six times from USD 9.2 million to
USD 147.3 million and the registered capital from USD
9.2 million to USD 49.1 million. This has greatly boosted
the production capacity and standard of the company.
As of year 2002, total export value of the company reached
a high of USD 420 million with a sales volume of USD
580 million. Production of laser diodes has also been
launched.
The
superior local performance has greatly raised the confidence
of the company in investment. Samsung Electro-Mechanics
has decided to invest in an optics related research
and development department in Dongguan in 2003, with
a view to localizing the research and development of
its products.
*Comment
of Mr. Haowen Jiang, Representative Director and General
Manager of Samsung Electro-Mechanics Co. Ltd., on investment
in Dongguan:
As
I see it, Dongguan is a city much developed in economy
with such various aspects as communications, electricity,
water supply, transportation and labor force. The active
efforts of the municipal government in inviting investment
has created the most competitive city in mainland China
as well as the world’s central base for the electronics
industry.
Since
its initial investment in Dongguan in 1992, Samsung
Electro-Mechanics has, in the past decade, rapidly grown
into a large-scale enterprise with more than 6,000 employees
and an annual sales volume of USD 700 million.
Such
attractive achievements as we have made so far have
depended on the concern of the governor of Guangdong
Province and officials in various departments of the
government. They have made active efforts in inviting
investment, supporting the development of existing enterprises,
providing regular help and allowing sufficient exchange
of ideas, with a view to promoting mutual development.
I sincerely hope that Dongguan will carry on such a
supportive system and that it will achieve greater development!
Haowen
Jiang
(signature)
Representative
Director & General Manager
Samsung
Electro-Mechanics Co. Ltd.
Pictures: 1. Dongguan Samsung Electro-Mechanics Co.
Ltd.
2. Living Quarters
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