역사관
1973~1979
Achieving localization of electronics industry with our own hands
Founding Samsung Electro-Mechanics and establishing a foundation for growth
In the early 1970s, Samsung Electro-Mechanics was born in order to overcome Korea’s poor electronics industry environment which was completely dependent on imports of small to core components.
At the time, Samsung Electro-Mechanics surprised everyone by achieving normal operations of product production within a short period of time with minimal cost.
Samsung Electro-Mechanics is born
1973, ‘Samsung Sanyo Parts’ is founded
In March 1973, 4 companies signed a joint venture and technology transfer contract, and in the same year on August 8, ‘Samsung-Sanyo Parts Co,. Ltd.’ was established. Thus, the company took its first step as a components company to lead the development of the components industry in Korea.
First step as an export company
First export of tuners to Taiwan Sanyo
At the time, Samsung Electro-Mechanics overcame poor factors, including aging technology and lack of skilled technicians, and within less than one month of factory operation, on November 27, 1973, it successfully exported 5,000 tuners to Taiwan Sanyo through OEM.
Later on, in December 1975, it manufactured over 1 million tuners and achieved rapid growth.
Strengthening the foundation as a
local enterprise
Name change to
‘Samsung Electronic Parts’ & IPO
In May 1977, it changed its name to ‘Samsung Electronic Parts’ in order to re-establish its reputation as Korea’s leading electronics components industry leader. After its IPO in January 1979, in February, it split its stock with face value of KRW 10,000 to KRW 500 and listed a total of 3 million shares on the Korea Stock Exchange.
~ 1989