Semiconductor business breaks out, Samsung will pay $19.4 million to reward suppliers

Recently, although the Samsung mobile phone is not very prosperous, its semiconductor business has been rising all the way. According to Korean media reports, Samsung is preparing to give out some bonuses to the suppliers. Currently, the specific amount of the bonus is not known, but according to last year In the first half of the year, Samsung’s award fund (20.1 billion won) is likely to exceed 22 billion won (about 19.4 million US dollars).

In addition, industry sources said that Samsung Electronics' bonuses were mainly distributed to more than 10,000 employees of supplier partners, which not only encouraged the morale of suppliers but also promoted domestic consumption in Korea. Sources also revealed that compared with the first half of the year. Samsung Electronics will often offer higher bonuses to suppliers in the second half of the year. The annual bonus scale may exceed 50 billion won (about 44 million US dollars).

It is reported that Samsung Electronics has other support channels for suppliers, such as the Samsung Supplier Support Fund. The fund size provided last year was 822.8 billion won. Although Samsung Electronics has established various channels to reward and help suppliers, there are foreign media. It is pointed out that some suppliers still have feedback in the industry. Samsung Electronics does not have enough support for suppliers in the semiconductor business. It needs to take more actions to ensure a more fair performance growth plan for suppliers.

Samsung Electronics is the world's largest consumer electronics manufacturer. At the same time, it is also the world's largest memory chip manufacturer; in addition to consumer products, Samsung Electronics also produces memory chips, LCD panels and other components. In addition to chip design and production, Samsung Electronics Semiconductor Division will also provide OEM business. Not only that, Samsung will invest more than 7 billion US dollars in Xi'an chip factory in China in the future, and build a huge production line to expand the production capacity of Xi'an chip factory.

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