Home / Knowledge / News / Textiles / Samsung to help Korean textile firms
Samsung to help Korean textile firms
09
Apr '16
In a shot in the arm for South Korean textile producers, Samsung Electronics has said it will share its know-how with local textile producers, helping them to adopt more efficient production solutions and seek shared growth.

Samsung said it will provide the solutions to 16 textile firms based in Gyeonggi Province under an agreement with the Centre for Creative Economy & Innovation based in the region, Yonhap news agency has reported.

The Korean government has been opening up what it calls creative economy centres throughout the country sponsored by conglomerates, aimed at bolstering the development of ventures through merging various industries with information and communications technology.

Samsung said the companies will receive support in establishing enterprise-resource planning (ERP) solutions, which aim to connect various areas of business, from manufacturing and procurement to accounting, for more efficient management procedures.

Gyeonggi Province is home to some 1,500 small-and-medium sized textile companies. But the companies there were reluctant to adopt ERP solutions due to financial issues.

The Ministry of Science, ICT, and Future Planning, which promotes the creative economy policies, said it plans to apply smarter production solutions to 1,000 small-and-medium firms throughout the country. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Textiles | On 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search