Management Committee
We practice progressive and innovative entrepreneurship
under the principle of transparent and responsible management
Overview
General description
Composition
The Management Committee deliberates and decides matters either delegated by the Board of Directors, or specified in the Articles of Incorporation or Regulations of the Board of Directors, aiming to enhance professionalism and efficiency of decision making.
Composition
In accordance with relevant laws and regulations, the Management Committee shall consist of at least two but no more than ten Directors who are appointed by resolution at a meeting of the Board of Directors. The Committee currently consists of four Executive Directors.
| Management Committee | |||
|---|---|---|---|
| Jong-Hee Han (Head of the Committee) |
Tae-Moon Roh | Hark-Kyu Park | Jung-Bae Lee |
Operation
Convention & resolution
- Management Committee meetings are held on an ad hoc basis. The Head of the Committee shall call meetings and notify members and other participants of the meeting time and place at least 24 hours in advance.
- The presence of a majority of all Committee members shall constitute a quorum and resolutions shall be adopted by a majority of the votes of members attending the meeting; provided that the Committee meeting may take place via electronic means, such as by conference call, within the scope provided by relevant laws.
In accordance with relevant laws and regulations, the Management Committee shall deliberate and decide the following matters:
- Development of annual or mid- to long-term management plans and strategies
- Establishment of major business strategies
- Promotion of cooperation with foreign companies, including strategic partnerships
- Acquisitions or sales of domestic and overseas subsidiaries
- Conclusions of technology license agreements, technology transfers, and technological partnerships
- Basic operating principles
- Determination of and changes to basic principles concerning salaries, bonuses, and the Company's welfare system
- Issuance of bonds
- Capex, etc.
Activities
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2024
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Committee Activities in 2024 Date Agenda June 26 Liquidation of an overseas subsidiary May 30 Investment in memory business Pyeongtaek fab (memory) Foundation work for the new FAB at Pyeongtake memory facility Investment in AVP Establishment of overseas subsidiary April 12 Investment in Memory business Lease agreement with Samsung SDI Purchase of product liability insurance Agreement on trademark use Lease agreement for Samsung Electronics Seocho building March 19 Investment in GPU business March 7 Investment in memory business Investment in foundry business at Pyeongtaek facility Investment in foundry business at the Hwasung facility February 6 Lease agreement -
2023
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Committee Activities in 2023 Date Agenda December 31 License agreement Purchase of mobile device insurance November 24 Finishing work for Foundry clean room at Pyeongtaek Construction of Giheung Semiconductor R&D Center Investment in Memory Business Expansion of Supercomm at Super Computing Center and investment in infrastructure November 21 Construction of new buildings at Pyeongtaek sites October 12 Investment in Foundry Business Investment in construction/facilities to address advanced production package production in 2024 August 11 Investment in Memory Business Investment in Foundry Business Investment in Foundry Business at Hwasung facility Investment in infrastructure at Pyeongtaek Semiconductor R&D Center Investment in Semiconductor R&D Center May 15 Investment in Memory Business Acquisition of an overseas subsidiary April 27 Appointment of the head of the Management Committee Establishment of overseas subsidiary Liquidation of an overseas (China) subsidiary Liquidation of an overseas (Europe) subsidiary January 19 Leasing agreement Executive OPI change -
2022
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Committee Activities in 2022 Date Agenda December 14 Licensing agreement November 17 Investment in Memory Business (Pyeongtaek Line 3) Investment in Memory Business (Pyeongtaek Line 4) Investment in Memory Business Participation in an overseas subsidiary's share placing July 28 Investment in Memory Business July 13 Licensing agreement June 30 Investment in memory business Investment in Cheonan plant Parnership agreement May 27 Investment in foundry business (Pyeongtaek) Investment in foundry business (Pyeongtaek) April 28 Investment in semiconductor research center Investment in memory business Purchase of liability insurance April 5 Investment in memory business April 1 Appointment of the Head of Management Committee Investment in memory business (2023) Investment in memory business (2025) Investment in memory business Investment in foundry business (Pyeongtaek) Investment in foundry business Investment in Test & System Package (Cheonan) Investment in Test & System Package Lease agreement Investment in semiconductor research center (Giheung) Investment in semiconductor research center February 25 Investment in memory business (Line 3 in Pyeongtaek) Investment in memory business (Line 4 in Pyeongtaek) Investment in memory business Investment in DS division Establishment of overseas subsidiary January 25 Investment in memory business Investment in memory business (Pyeongtaek) Establishment of overseas subsidiary Lease agreement -
2021
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Committee Activities in 2021 Date Agenda December 30 Licensing agreement October 8 Investment in memory business Investment in memory business (Pyeongtaek) July 29 Investment in memory business June 18 Investment in memory business (Pyeongtaek) Investment in memory business Investment in foundry business (Hwaseong) Investment in foundry business (Pyeongtaek) Investment in foundry business Change of trademark royalty May 7 Investment in foundry business Licensing agreement April 9 Appointment of the Head of Management Committee Investment in memory business March 5 Investment in memory business Investment in foundry business February 5 Investment in memory business Investment in R&D Establishment of overseas subsidiary Contract agreement for using Samsung CI January 6 Investment in memory business -
2020
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Committee Activities in 2020 Date Agenda December 23 Licensing agreement November 30 Merger of overseas subsidiary October 23 Investment in memory business Investment in memory business(Pyeongtaek) Investment in foundry business(Pyeongtaek) Investment in foundry business(Hwaseong) Royalty income Establishment of overseas subsidiary September 25 Investment in memory business Liquidation of overseas subsidiary August 28 Sales of overseas subsidiary August 14 Investment in foundry business (Pyeongtaek) Investment in foundry business (Hwaseong) May 27 Investment in memory business May 8 Investment in foundry business April 3 Investment in memory business Liquidation of overseas subsidiary March 6 Investment in foundry business (5-nano) Investment in foundry business (CIS) January 30 Investment in memory business January 13 Licensing agreement -
2019
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Committee Activities in 2019 Date Agenda December 6 Investment in memory business Investment in memory at overseas subsidiary Investment in foundry business October 8 Establishment of overseas subsidiary August 30 Liquidation of overseas subsidiary Investment in foundry business July 5 Investment in foundry business June 7 Closing of shareholder register for quarterly dividend April 5 Investment in memory business Investment in Pyeongtaek complex Investment in foundry business Liquidation of overseas subsidiary March 8 Liquidation of overseas subsidiary Closing of shareholder register for quarterly dividend February 15 Licensing agreement Merger of overseas subsidiary -
2018
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Committee Activities in 2018 Date Agenda December 14 Investment in foundry, etc. Memory investment Revision of land lease agreement November 19 Relocation of the network business Construction of new building Disposal of business October 19 Memory investment Licensing agreement September 11 ERP system upgrade Consolidation of an overseas subsidiary Closing of shareholder register for quarterly dividends August 17 Additional investment in Pyeongtaek complex Investment in semiconductor June 4 Closing of shareholder register for quarterly dividend Lease contract with Samsung Asset Management May 18 Memory investment Construction of office building and parking tower at Pyeongtaek complex April 26 Disposal of overseas subsidiary March 26 Appointment of the head of the Management Committee Liquidation of a subsidiary Rental contract March 12 Closing of shareholder register for quarterly dividend Sublease contract February 7 Memory investment Investment in Pyeongtaek complex Investment in Hwaseong campus January 30 Licensing agreement -
2017
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Committee Activities in 2017 Date Agenda December 20 Investment in Pyeongtaek complex October 26 Memory investment September 12 Closing of shareholder register for quarterly dividend August 28 Investment in a regional office Lifting of limits on account receivable collateral loans July 27 Memory investment Construction of parking facilities in Hwasung campus Establishment of a regional office Establishment of a regional office June 12 Memory investment Investment in TP center Closing of shareholder register for quarterly dividend Withdrawal of a subsidiary liquidation plan April 24 S.LSI investment Investment in Pyeongtaek complex Capital increase for regional office Rental contract March 8 Closing of shareholder register for quarterly dividend February 24 Memory investment Liquidation of a subsidiary January 24 Memory investment S.LSI investment -
2016
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Committee Activities in 2016 Date Agenda December 20 Memory investment ※ Reported Item
Proposals from investorsNovember 29 Additional investment in Pyeongtaek complex S.LSI investment October 24 Liquidation of a subsidiary Memory investment September 28 Establishment of a subsidiary Stake acquisition of subsidiary Real estate contract September 1 Disposal of assets August 11 Stake acquisition of subsidiary July 28 Memory investment and investment in a subsidiary Liquidation of a subsidiary Liquidation of a marketing corporate entity June 29 Patent license agreement Establishment of regional office Real estate contract June 9 Stake acquisition of regional office Memory investment Closing of shareholder register for June quarterly dividend May 20 Stake acquisition of regional office Establishment of a subsidiary April 28 Memory investment March 30 Establishment of regional office Additional investment in Pyeongtaek complex February 17 Patent license agreement Memory investment January 28 Greenhouse gases emissions trading Liquidation of a subsidiary Establishment of regional office -
2015
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Committee Activities in 2015 Date Agenda November 25 Memory investment October 29 Investment in Pyeongtaek complex construction Merger of overseas office Establishment of regional office September 13 Fund raising regarding retired semiconductor workers Purchase of erection all risks insurance policy Rental contract regarding Samsung Materials Research Complex Consolidation of overseas corporate entities in Russia through mergers July 30 Liquidation of a subsidiary Asset disposal Investment in establishment of Daegu-Samsung Creative Economic Zone June 3 Establishment of training institute Closing of shareholder register for interim dividend May 13 Memory investment and capital increase for corporate entities April 29 Appointment of the Head of the Management Committee Construction of semiconductor line Construction of new research building Donation Purchase of liability insurance March 11 Memory investment Rental contract February 11 Stake acquisition January 28 Stake acquisition Asset transfer January 14 Capital increase for regional office Stake acquisition Purchase of insurance -
2014
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Committee Activities in 2014 Date Agenda December 10 Merger of overseas office November 26 Stake sales Establishment of overseas complex Business disposal Memory investment Integration of corporate bases November 12 Stake acquisition October 15 Memory investment Exercising voting rights regarding merger September 17 Bid for real estate purchase S.LSI investment Establishment of overseas marketing corporate entity August 13 Stake acquisition Memory investment July 31 Stake acquisition Patent license agreement July 16 Stake acquisition Stake acquisition LED investment June 3 Patent license agreement Closing of shareholder register for interim dividend May 14 Increased the limit on trade finance Exercise of voting rights for merger with affiliates Donation March 19 Stake sales of Samsung Bluewings February 19 Technology license agreement January 20 Liquidation of a subsidiary Patent license agreement Patent license agreement Entry into production base in the Republic of South Africa Product donation to Chung-nam Samsung Institute -
2013
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Committee Activities in 2013 Date Agenda December 18 Payment of incentive November 27 Stake sales Purchase of product liability insurance Donation Disposal of real estate Establishment of Shared Growth Collaboration Academy Extension of real estate contract Donation October 30 Memory investment Stake disposal October 7 Stake sales September 25 Investment in establishment of Digital City Central Square Extension of group insurance for executives August 28 Capital increase for corporate entities Memory investment Establishment of overseas sales corporate entity July 26 Joint stake acquisition Additional investment in training institute Real estate purchase Subsidiary spin-off Integration of subsidiary regional offices June 12 Merger with subsidiary Real estate purchase Capital increase for regional office Closing of shareholder register for interim dividend payment Donation May 22 Stake investment May 15 Business disposal May 8 Memory investment Affiliates' asset transfer to SEC April 26 Purchase of liability insurance Purchase of group insurance April 3 Establishment of overseas R&D center March 20 Memory investment Disposal of subsidiary Establishment of overseas sales corporate entity February 6 Memory investment Establishment of production corporate entity January 16 Establishment of R&D center -
2012
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Committee Activities in 2012 Date Agenda December 21 Donation December 10 Stake acquisition Stake acquisition Purchase of product liability insurance November 12 Debt guarantee for rental apartment Donation Purchase of building and land lease Establishment of R&D center October 18 Merger with subsidiary October 11 Real estate purchase October 8 Stake acquisition in subsidiary Rental contract of Samsung Electronics Seocho Tower September 24 Establishment of overseas subsidiary and capital increase September 10 Stake acquisition in subsidiary Investment in establishment of industrial complex August 27 Stake investment Donation August 20 Disposal of stake in overseas subsidiary Disposal of overseas subsidiary Participation in bid for land use right Establishment of R&D center July 31 Purchase of building lot July 16 Asset acquisition July 3 Appointment of the Head of the Management Committee Establishment of overseas subsidiary June 7 Investment in production line Establishment of overseas subsidiary Merger Merger Book closure period and record date for interim dividends May 29 Stake acquisition Donation May 7 Debt-guarantee for overseas subsidiary April 16 Signing of rental contract March 26 Appointment of the Head of the Management Committee Construction of research complex Signing of rental contract Debt-guarantee for overseas subsidiary Donation March 5 Business acquisition February 6 Investment in memory facilities S.LSI investment January 18 Capital reduction
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