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Corporate Profile
History
SHI began to build super-sized LNG carriers and large passenger ships with the intent of entering the cruise ship market in earnest, and exported shipbuilding technologies to the U.S. In addition, the company developed high value-added ships such as the world's first Arctic shuttle tanker and high-tech drillship. It is set to continue to develop advanced technologies to take the lead in the shipbuilding market at home and abroad.
To respond to the era of globalization and the opening of markets, Samsung Heavy Industries has actively pursued a quality-centered management philosophy.
While pursuing quality advancement in our overall operations by introducing the new management philosophy at the group level, the company has actively expanded the motor business and strategic businesses, and reorganized its business structure through selection and concentration.
Evolving into a major Heavy Industries Player
Samsung Heavy Industries was created after the merger between SamsungShipbuilding and Daesung Heavy Industries in 1983. New technologies andproduct development ensued, as well expansion into construction equipment and construction.
Samsung Heavy Industries was established in 1974, the year the company's Changwon Plant opened. SHI soon began to lay the foundation to becomea major heavy industries player. Shipbuilding and construction of Geoje Shipbuilding facilities commenced and there was a merger with Daesung Heavy Industries.