Cheil Industries

Cheil Industries
Hangul	제일모직
Hanja	第一毛織
Revised Romanization	Jeil Mojik
McCune–Reischauer	Cheil Mojik

Cheil Industries is an affiliate of the Samsung Group.

Since its establishment as the parent company of Samsung in 1954, Cheil Industries has been a prime force in the development of Korea's textile industry. Since the 1980s, the company has expanded its business areas into fashion, chemicals and electronic chemical materials[ECM]. Since 1980's, when it first launched its fashion business, Cheil Industries has emerged as successful leader in a number of diverse sectors with the launch of its chemical business in 1990s and ECM in 2000s. Cheil Industries current success can be ascribed to its enterprising spirit, continued innovation and inspired vision that enable the company to move beyond short-term success [[1]]

Cheil Industries

Founded	September 15, 1954
Employees	2,897(2007)
Website	www.cii.samsung.com

History

• 1954 Established Cheil Woolen Fabrics Industries
• 1961 Exported 3,000 pounds of Jangmi brand carded wool to Hong Kong first
• 1965 Obtained a Korean license for Wool Mark from I.W.S.
• 1972 Established Cheil Synthetic Fiber
• 1976 Changed the name to Cheil Industries
• 1992 Developed the world's first high-density 1,130,000 carpets
• 1994 Obtained ISO 9002 certification for quality assurance at the Yeocheon Plant
• 1994 Succeeded in developing and manufacturing EPS for foundry at the Hwasung R&D Center
• 1998 Selected as the best suits manufacturer for meeting customer satisfaction by the Korea Productivity Center
• 2000 Changed the line of business registered with Korea Stock Exchange to chemicals
• 2003 Completed the construction of the Daegu Opera House
• 2006 Fashion division appointed as the official sponsor of "The 15th Asian Games Doha 2006"
• 2007 Beanpole appointed as the official sponsor of "The 12th Pusan International Film Festival"
• 2007 Developed the 'Tempist Stylist' the world's first artificial marble with highly transparent chips

Products

Chemicals

Cheil Industries began its chemical business in 1989. The company secured a high-value added product portfolio by entering into the polycarbonate [PC] business in 2007. A new PC plant was completed in March 2008 and is now operational. The company also produces flame-retardant ABS, sheet ABS, flame-retardant high-impact PS (HIPS), polycarbonate (PC), heat-resasting ABS for vehicles, and artificial marble.

Electronic Materials

Cheil Industries' electronic material business started with the company's development in 1996 of EMC. The ECM business unit of Cheil Industries acquired KOSDAQ-listed Ace Digitech in March 2007 and began a polarizing film business, a core component of liquid crystal display[LCD] panels. The launch of this business secured a competitive edge for the company along with next-generation revenue sources.

• Semiconductor Materials : EMC, CMP Slurry
• Display Materials: Light Guide Plate, Diffusion Plate, CR, ACF
• Material for Secondary Batteries: Electrolytic Solution
• Functional Materials: EMS, Paste

Fashion

Since 1954, when Cheil Industries began its textile business, it has produced cutting edge textiles. Leveraging on its extensive experience and profound knowledge in the textile business, Cheil Industries expanded its business areas into fashion by launching its first men's wear range in 1989. Since then, it has consistently diversified its business portfolios into casual wear, ladies' wear and sports wear, completing a total brand that encompasses all fashion sectors.

Having consistently led Korean fashion market, Cheil Industries was the first Korean fashion company to introduce the just-in-time[JIT] system as part of its restructuring efforts, considerably enhancing management efficiency through reduced lead time in the manufacturing process. It also made bold moves via consistent brand restructuring initiatives to enter into new business lines that it deems to have high growth potential. Through these initiatives, Cheil Industries was successful in building a profitable business structure, thereby establishing itself as a leading fashion company.

• Bean Pole
• 10corsocomo

References

• Questar

External links

• cheil Industries

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