SK hynix Promotes Win-Win Cooperation With Suppliers, Invites 30,000 Employees and Family Members
TECHWORLD ·
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SK hynix held 'ThanksFULL Day' on the 15th at Seoul Land in Gwacheon, Gyeonggi Province, inviting supplier employees and their families.
More than 8,000 employees and family members from about 130 major suppliers were invited, with the total invitation scale reaching about 30,000 people.
SK hynix says supplier competitiveness is linked to the domestic semiconductor ecosystem and to its own competitiveness, and it continues win-win growth programs and support.
SK hynix emphasized the competitiveness of the semiconductor ecosystem it has built with its suppliers and organized a large-scale event to express gratitude to supplier employees and their families. On the 16th, SK hynix said it held 'ThanksFULL Day' on the 15th at Seoul Land in Gwacheon, Gyeonggi Province, to thank suppliers for helping create the competitiveness of the semiconductor ecosystem together.
The event invited more than 8,000 employees and family members from about 130 major suppliers, with the total invitation scale reaching about 30,000 people. 'ThanksFULL Day' carries the meaning of delivering heartfelt gratitude to supplier employees and their families.
The event was themed around companionship and gratitude, and it consisted of family-participation hands-on programs and events. Through this, SK hynix embodied the event's theme in a setting where supplier employees and their families gathered together.
All attendees received welcome gifts, and a separate kids' goods set was prepared for child participants. In addition, a three-dimensional craft activity modeled after a semiconductor fab was set up so children could become familiar with their parents' semiconductor workplaces in a playful way.
The event was organized based on the view that suppliers' expertise is important in the process of advancing semiconductor technology development and boosting production competitiveness, and on the recognition that the efforts of on-site employees play a key role. SK hynix arranged the gathering to share memories and express gratitude not only to supplier employees, but also to their families, who support their work.
At the venue, SK hynix's top executives personally greeted supplier employees and their families. Chae Seon-yong, head of the Future Technology Research Institute and CTO, and Lee Byung-ki, head of mass production and CPO, welcomed attendees at the entrance, and CEO Kwak Noh-jung also visited the site to express his thanks.
SK hynix believes that suppliers' competitiveness translates into the competitiveness of the domestic semiconductor ecosystem and, in turn, into its own competitiveness. Accordingly, it operates win-win growth programs across technology, finance and management.
In July, the company announced plans to use KRW 1.4 trillion in mutual growth funds over the next 5 years, including measures to strengthen support for semiconductor materials, parts and equipment suppliers. It also operates the 'R&D Challenge Reward Program,' which targets suppliers with technology but financial burdens, and the 'IPR Sharing support center,' which shares patents it holds with suppliers, supporting them in securing technological competitiveness through both programs.
SK hynix is building the 'Trinity Fab' within the Yongin semiconductor cluster. The 'Trinity Fab' is being established for joint research, development and verification with suppliers, and the company plans to open it starting in 2027.
At the same time, SK hynix will continue to provide support in finance and business operations. It will keep offering low-interest funding to suppliers through its 'Win-Win Growth Fund' and also push ahead with improving payment terms for supplier payments.
It will also continue to advance early payment of supply payments before holidays. This measure is intended to ease suppliers' cash management burdens, and SK hynix plans to pay about KRW 304.7 billion in supplier payments early before this year's Chuseok holiday. The company said this early payment is meant to help suppliers feel the practical benefits of institutional support in the business field.
Kwak said suppliers are partners that help create K-semiconductor competitiveness together. He also said SK hynix's achievements would have been impossible without the on-site efforts of supplier employees, and expressed gratitude to employees and their families. He added that the company will continue providing practical support to enhance suppliers' technological competitiveness and ensure stable growth.
Source: TECHWORLD · Park Kyu-chan
Original: https://www.epnc.co.kr/news/articleView.html?idxno=408326
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Source: TECHWORLD
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