December 18, 2000 in Social Responsibility News

Increase production line for mobile handsets in Brazil

Contents
- Investment method: transfer equipment under SEC holding
condition of transaction: D/A 390 days(interest included)
- Amount: 6billion won


Background and Purpose
- Increase production line in SEDA to secure production base in South America and to expand into Brazil's domestic market.
increase in annual production capacity of HHP: 600,000->1,069,000
- Advantage over tariff when producing products in South America for exports within the region than when exporting SEC goods directly from Korea.
Installment and production from Q1 2001.


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