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The reporter learned from the Development Zone Management Committee that Tianjin Samsung LED Co., Ltd. was recently incorporated in the Development Zone. The company's initial investment scale is 90 million US dollars and its registered capital is 30 million US dollars. It is the first overseas production base of Samsung LED Co., Ltd.
Samsung LED Co., Ltd., which is famous for its innovation, is a company specializing in the research, development, manufacturing and other business of new electronic components (LED series products). Its products are widely used in mobile communication, flat panel TVs, liquid crystal displays, lighting equipment, etc. . It is reported that Tianjin Samsung LED Co., Ltd. will fully expand the production and application fields of LED series products. The company's development of the 21st century green industry as the theme, combined with the development of new technology-leading parts and applications, will provide high-quality parts and services to the electronics manufacturers inside and outside the Samsung Group.
The Samsung Group is Korea's largest conglomerate. It has established nearly 300 legal entities and offices in nearly 70 countries and regions, with more than 300,000 employees. Its business covers electronics, finance, machinery, and chemistry. Up to now, Samsung Group has invested in 11 production-oriented enterprises in Tianjin Development Zone, accounting for about one-third of the Group's investment in production-oriented enterprises in China, and the number of investment enterprises ranks first in all regions of China. The Samsung Group invested by Samsung Group in the development zone has a total investment of nearly 1.6 billion US dollars, which has greatly boosted the economic growth of the development zone. Tianjin Development Zone has become a significant production base of Samsung Group in China. Samsung's investment in the development zone mainly produces products in nearly 20 fields, including mobile phones, video cameras, color TVs, digital cameras, monitors, batteries, and LCD displays.
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