Samsung Electronics announced the list of partner companies in 2024: adding Tianma and CSOT India subsidiaries

News from this site on July 3, according to thelec, Samsung Electronics announced the list of partner companies in 2024. This list accounts for more than 80% of Samsung Electronics’ parts procurement, with a total of 113 companies, including 11 new companies. A further 11 companies were eliminated.

In this list, companies such as Tianma Microelectronics Co., Ltd. have been added, and the Indian Panel Optodisplay Technology company, which is the Indian subsidiary of China Star Optoelectronics (CSOT), has also been included.

However, even if a company is no longer included in the list for a particular year, this does not mean that the company’s trading relationship with Samsung Electronics will be terminated immediately. For example, BOE, which was not included in Samsung Electronics' list of partners last year, is still supplying panels to Samsung Electronics.

Zihua Electronics, which has long-term cooperation with Samsung Electronics, was removed from the list. Zihua Electronics entered the Apple supply chain in 2022. Previously, the industry generally believed that the number of smartphone-related components supplied by Zihua Electronics to Samsung Electronics will decrease. .

This site noticed that Samsung Electronics also released a 2024 sustainability report, which stated that by the end of 2023, the device experience department had achieved 93.4% renewable energy conversion - including in the United States, Europe, South Korea, China, 100% renewable energy used in major global manufacturing facilities in Brazil, India and Vietnam.

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