Samsung Electro-Mechanics President Jang Deok-hyeon (fourth from left), MK Chem & Tech CEO Kwon Hyeok-seok (fifth from left) and Hwain Technology CEO Seo Yeong-ok (third from left) pose for a photo at a co-growth communication forum in September. [Samsung Electro-Mechanics]
Samsung Electro-Mechanics President Jang Deok-hyeon (fourth from left), MK Chem & Tech CEO Kwon Hyeok-seok (fifth from left) and Hwain Technology CEO Seo Yeong-ok (third from left) pose for a photo at a co-growth communication forum in September. [Samsung Electro-Mechanics]

Samsung Electro-Mechanics announced Wednesday that it has been named an "Excellence Honorary Company" after earning the top rating in the 2026 Co-growth Index for the third consecutive year.

The Co-growth Committee has published the Co-growth Index annually since 2011 to assess the level of cooperation between large corporations and small and medium-sized enterprises and promote mutual growth.

The rating is calculated by combining the committee's own comprehensive co-growth assessment with the Korea Fair Trade Commission's agreement-compliance evaluation. Companies are classified into five tiers: excellent, good, average, insufficient and very insufficient.

This year, Samsung Electro-Mechanics has carried out a range of trust-building activities with its partner companies, including a mutual-growth cooperation day and on-site communication forums. The company has also dispatched specialists in development, technology and quality to partner firms, while actively providing tailored education and on-site improvement support to strengthen their technical and quality competitiveness.

Samsung Electro-Mechanics said it plans to continue leading a co-growth culture through its mutual-growth fund, patent sharing, productivity and quality improvements, safety and environmental upgrades, and AI-integrated customized technical training.

Earlier, Samsung Electro-Mechanics signed a "partner ecosystem strengthening agreement" with the Co-growth Committee and its partner companies last year, pledging about 200 billion won ($149 million) in support over three years from 2025 to 2027.


joze@heraldcorp.com