Samsung increases its supply chain localization

VOV.VN - Samsung has announced that the number of local companies participating in its supply chain has spiralled upwards to approximately 130, more than three-fold the number at the beginning of the year.

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“Local businesses have an equal shot for supplying raw materials and components to our manufacturing plants with foreign businesses, said Han Myoung-sup, chief executive officer of Samsung Vietnam, in making the announcement.

Mr Myoung-sup assured local business that if they meet with Samsung’s strict requirements in terms of quality, delivery times and price, they will have an equal chance with foreign rivals at becoming a supplier.


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