To keep our supply chain strong and healthy, and to help our partners grow with us, Samsung operates partner collaboration programs that offer training and technology development support. We have also created funds to provide financial support for our partners to ensure liquidity.
Building a strong and sustainable
supply chain is important and
that’s
why we created the Win-Win Fund
and Payment Support Fund to help
our partners with liquidity.
2018
2019
2020
Total
833.9
863
973.6
First-tier
supplier
611.3
627.4
729.4
Second・Third-tier
supplier
222.6
235.6
244.2
In 2018, Samsung offered first-, second- and third-tier partners a total of KRW 833.9 billion in loans, KRW 863 billion in 2019 and KRW 973.6 billion in 2020.
In addition to the Win-Win Fund and Payment Support Fund, we also responded to the difficulties our partners faced following the COVID-19 outbreak. We acted swiftly and began offering financial support to our partners so they can respond to urgent supply deliveries. We also offer a range of services and programs that are based on the current needs of our partners, which range from business risk response to training.
Through our partner collaborations we aim to achieve long-term growth for all parties involved. And we plan to continue to research and develop ways to build sustainable business practices for a strong and healthy supply chain.
1 year (can be extended twice, up to 3 years total)
※Can apply for a new loan after the 3 year loan maturity
Total KRW 9 billion per supplier
• KRW 2 billion for operational funds
• KRW 5 billion for facility investment
• KRW 2 billion for R&D
Loan interest deduction
※ Actual interest rate may vary by credit rating
We have been able to offer no-interest loans with up to 2-year terms to our first-tier partners so they can make cash payments to second-tier partners within 30 days. In 2018, we raised an additional KRW 300 billion to create a total of KRW 800 billion to expand the loan coverage to second-tier partners, indirectly providing support to third-tier partners.
The Payment Support Fund offers no-interest loans to partners who need to make payments in cash or with via the Win-Win payment system to their suppliers within 30 days. In 2011, we revised the repayment plan, going from 2 installments to 4, and since 2015, we have been using the Win-Win payment system to make payments to our small- and medium-sized partners. Then in 2017, we created a fund of KRW 500 billion and use that to provide support to our partners, allowing them to make cash payments to their own suppliers. Additionally, to help our small- and medium-sized partners further, we have been making our payments to them in cash since 2005.
1 year (can be
extended once,
up to
2 years total)
Maximum three
month’s
worth of
the average
annual
transaction
amount
for the lowest
tier
suppliers
No
interest
We have been able to offer no-interest loans with up to 2-year terms to our first-tier partners so they can make cash payments to second-tier partners within 30 days. In 2018, we raised an additional KRW 300 billion to create a total of KRW 800 billion to expand the loan coverage to second-tier partners, indirectly providing support to third-tier partners.
If you want a quick solution, check out
FAQ or Global Network first.
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