South Korea’s largest semiconductor and display equipment maker Semes have given rewards to its top suppliers, the company said on Thursday.
The ceremony was hosted by Semes CEO Kang Chang-jin with CEOs from 21 of its suppliers in attendance.
Semes said it kept social distancing measures and invited few people has possible in light of the COVID-19 pandemic.
MKS Korea, which suppliers generator components for etching equipment, received the top award which comes with a 100 million won cash prize.
Semes also award 12 companies for cost saving and 3 for quality. These companies were given trophies and cash rewards as well.
“Semes marked five straight years of sales over 1 trillion won as of last year thanks to its top quality and manufacturing competence, and this was possible from the support of our suppliers,” Kang said in a statement. “We will continue our organic partnership [with our suppliers] for co-growth.”