Samsung Electronics has announced that its Device Solutions (DS) Division attained the ISO 22301 Certificate, the international standard for Business Continuity Management System (BCMS).
ISO 22301, awarded to Samsung by the British Standards Institution (BSI), confirms a firm’s ability to resume its 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 newly emerging issues such as global supply chain disturbance,” said Taeyang Yoon, Executive Vice President and Chief Safety Officer (CSO) of DS Division at Samsung Electronics.
He added, “Through these efforts, our customers can rely on our leading semiconductor technology even in the most unexpected circumstances.”
A BCMS assists organizations to secure business continuity by methodically laying out the steps to resume their business after an unexpected crisis or disaster.
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The system deals with the initial emergency response and also focuses on recovering and resuming its core business activities in the shortest possible time frame.
The ISO 22301 is the international standard for BCMS, which represents the highest level of commitment to business continuity and disaster preparedness.
Samsung worked to improve its BCMS for Hwaseong Campus to meet global standards to better deal with the rapidly changing global environment and improve trust with clients.
Samsung plans to attain ISO 22301 certifications for its other semiconductor campuses in Korea and abroad starting this year.
“Samsung showed strong will in having a robust business continuity management system, and displayed world-class crisis monitoring and response capabilities,” said BSI Korea Chief Operating Officer SeongHwan Lim.
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