Seoul, Korea–(COMMERCIAL THREAD)–Samsung Electronics Co., Ltd., a global leader in advanced semiconductor technology, today announced that its Device Solutions (DS) division has obtained ISO 22301 certificate, the international standard for Business Continuity Management System (BCMS) . ISO 22301, awarded to Samsung by the British Standards Institution (BSI), certifies that an organization’s ability to resume business after a crisis, or its resilience, meets global standards.
“We will continue to enhance our business resilience and maintain a robust business continuity management system to handle not only conventional crises but also new emerging problems such as global supply chain disturbances,” said Taeyang Yoon, Executive Vice President and Chief Safety Officer (CSO) of the DS Division of Samsung Electronics. “Through these efforts, our customers can rely on our leading semiconductor technology even in the most unexpected circumstances.”
A BCMS helps organizations ensure business continuity by systematically defining steps to resume business after an unforeseen crisis or disaster. The system not only takes care of the initial emergency response, but also focuses on the recovery and resumption of its core business activities in the shortest possible time. ISO 22301 is the international standard for BCMS, representing the highest level of commitment to business continuity and disaster preparedness.
Samsung Electronics has been working to advance its BCMS for Hwaseong Campus to meet global standards, in order to better address the rapidly changing global environment and enhance the level of trust between Samsung and its customers. As part of this process, Samsung assessed the risks that could affect its chip business and prepared to address them through precautionary exercises such as an emergency drill.
After receiving global recognition for its business resilience with ISO 22301 certification, customer confidence in Samsung is expected to grow. Samsung plans to obtain ISO 22301 certifications for its other semiconductor campuses in Korea and overseas starting this year.
“Samsung has shown a strong willingness to have a robust business continuity management system and demonstrated world-class crisis monitoring and response capabilities,” said SeongHwan Lim, Chief Operating Officer of BSI Korea.
About Samsung Electronics Co., Ltd.
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