April 27, 1998 in Social Responsibility News

SAMSUNG Honoured In Queen's Awards to Industry

Samsung Electronics Manufacturing (UK) based on Teesside has won The Queen's Award for Export Achievement.
The award is the highest honour that can be given to a UK company. The awards are made each year and Samsung joins an elite band of leading UK firms honoured for their business success.

To receive the award for export achievement a company has to show growth in its export business over a number of years.

During the 12 months to September last year Samsung exported to 26 countries, particularly targeting the emerging economies of Eastern Europe. New markets during that period have included India, The Czech Republic, Slovenia and the Ukraine. The company has also exported to North America.

Exports totaled ?07 million for the period 1st October 1996 to 30th September 1997, compared to ?77 million for the 12 months ending 30th September 1996 and ?0 million to the end of September 1995.

John Slider, Joint Deputy MD at SEM(UK) said; This is an outstanding achievement and I would like to congratulate everyone for their efforts. Receiving this prestigious award is recognition of the hard work put in by all the staff on Teesside and is another milestone in the development of the business."

Samsung manufactures colour TVs, computer monitors and microwave ovens on Teesside. The Wynyard Park site was officially opened in October 1995 by Her Majesty The Queen and Chairman Lee of Samsung. Today SEM(UK) employs a total of 1,300 people. With sites at Wynyard Park and near-by in Billingham.

The company's top five export markets are: Russia; Germany; France; Spain and The Netherlands.

All products produced for export by SEM(UK) are tailored tot he customer country. This includes instruction books and labeling in a language suitable for the target market. This currently takes in 16 languages.

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