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Rewarding high-performing
partners with big incentives

Laying the
groundwork for
partner growth
with incentives

An incentive program for sharing
Hand reaching up toward the sky, with the sun seen between its fingers.
Person seen from the front, wearing a lab coat and safety goggles and gloves looking into a microscope.
and achieving growth together

An incentive program
Hand reaching up toward the sky, with the sun seen between its fingers.
for sharing and
Person seen from the front, wearing a lab coat and safety goggles and gloves looking into a microscope.
achieving growth together

The Hwaseong Campus building against the backdrop of the blue sky.

To mark its 50th anniversary, Samsung shared its vision for togetherness by saying that, “sharing and achieving growth together is how we become the world’s greatest.” That’s why in addition to investing in future technology, new businesses and Environmental, Social, and Governance (ESG), Samsung continues to value social responsibility. And as part of these efforts, we operate a wide range of programs that foster partner growth, including the Semiconductor Partner Incentive Program. Twice a year, in February and July, we give tens of billions Korean won in incentives to partners that reach their productivity and safety goals.

We have given
KRW 672.7 billion
to
our partners
for nearly 14 years

A gift box is open on top of a floating platform and several coins are piled up inside.

2010-2023
Incentive payment (cumulative)

672.7billion won

Since 2010, Samsung Electronics has been providing incentives to foster both quantitative and qualitative growth among its partner companies. By 2023, the total amount of incentives given to partner companies over 14 years has reached a staggering 672.7 billion KRW. In 2018, we extended our incentive program not only first-tier, but also second-tier suppliers.
By 2023, we had invested a total of KRW 65 billion - over 12.8 times the amount we contributed in 2010.

Through good times and bad, the
incentive program never stopped giving

In fact, Samsung is steadily awarding more partners and more
partner employees with bigger incentives.

Partner company employees are performing maintenance on pipes.

“This is my first time getting an
incentive. I’m thrilled I could take
my family on vacation with it.”

Seokang E&C employee Kim Hyeonseok

“Our sales have grown ten-fold
and the number of employees
twenty-fold since partnering with
Samsung.”

Hwasung Engineering CEO Ryu Seongmok

Both Kim Hyeonseok and Ryu Seongmok received incentives in 2020. Kim Hyeonseok, who was awarded for his outstanding work in plumbing construction on Samsung’s Hwaseong campus, shared his joy at getting an incentive and said he would continue to focus on increasing productivity while practicing safety. Ryu Seongmok, who leads piping and duct maintenance company Hwaseong Engineering, thanked Samsung for the incentives and added that the partnership with Samsung had laid the foundation for his company’s growth.

Rewarding
safety and
productivity with
incentives

Tools, safety helmets, earplugs, safety gloves, and safety boots on top of a safety vest.

The Semiconductor Partner Incentive Program awards partner companies and their employees who rank high in productivity and safety evaluations. Partners that oversee production, quality, etc. are rewarded with Productivity Incentives, while partners that provide environmental safety and expertise are rewarded with Safety Incentives. The incentive program for our partners is an indication of Samsung’s commitment to fostering growth among partners for a healthy and sustainable supply chain.

  • 432,785 partner employees have been awarded incentives amounting to KRW 672.7 billion over for nearly 14 years

    Incentives paid to semiconductor partners,
    2010 – 2023

    Year No of
    partners    		 Incentive amount
    (unit: KRW billion)    		 No of partner
    employees
    2010 46 5.06 4,865
    2011 46 6.1 5,861
    2012 47 6.83 6,370
    2013 89 18.09 8,852
    2014 95 20.9 10,174
    2015 98 32.43 20,948
    2016 122 36.83 22,137
    2017 143 65.27 46,022
    2018 224 82.07 54,027
    2019 271 74.07 41,111
    2020 297 77.72 46,981
    2021 300 892.8 51,203
    2022 247 931 52,374
    2023 268 649.7 61,864

    From 2010 through the 2023, Samsung has steadily increased the number of partners that were given incentives, and a total of KRW 672.7 billion was awarded to 432,785 partner employees during a nearly 14-year period.

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