Published: September 18, 2008
Samsung accelerates innovation, cuts time-to-market with Global Sources' Custom Private Sourcing Event
HONG KONG, Sept. 18 /Xinhua-PRNewswire-FirstCall/ -- Samsung Electronics,
a global leader in digital technology, sent four sourcing teams to meet 49
pre-screened Global Sources (Nasdaq: GSOL) suppliers at a Custom Private
Sourcing Event ( http://www.PrivateSourcingEvents.com ) held on Sept. 10-11 in
Shenzhen.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030303/LNM011LOGO-b )
Global Sources' Chairman and CEO, Merle A. Hinrichs, said: "Samsung is
known around the world for developing innovative digital products. One key
competitive advantage of innovation is getting your products from the design
room to the marketplace as quickly as possible.
"Custom Private Sourcing Events are ideally suited to help brands like
Samsung accelerate innovation by connecting them with reliable suppliers who
can help them turn their ideas into products on schedule.
"This is one more reason why top brands are using Global Sources' Private
Sourcing Events to find suppliers acrossGreater China andAsia."
The Event covered components for computers, visual displays, digital still
cameras, printers, camcorders and wireless. This was the second Custom Private
Sourcing Event Global Sources has arranged for Samsung in 2008.
Samsung Electronics' Vice President, Jang Yoo Chun, said: "We create all
our designs in-house and manufacture the final products, but we need to find
component suppliers who can help us get great products.
"Because Private Sourcing Events connect us with quality suppliers who
have already been pre-screened based on our requirements, we can find the
suppliers we need faster and get our products to market faster."
World's top buyers scheduled to attend upcoming Private Sourcing Events
Eighty Private Sourcing Events are scheduled for 2008, with dozens of
buyers including NEC, Casino, Chubb, Office Depot and Sears confirmed to
participate. All Private Sourcing Events are complimentary for buyers and only
Global Sources suppliers are eligible to participate. A list of upcoming
Private Sourcing Events is available at http://www.PrivateSourcingEvents.com .
Suppliers wishing to participate should contact csm@globalsources.com.
Specialized Global Sources websites, face-to-face events and trade
magazines
Private Sourcing Events are part of the company's portfolio of brands for
sourcing and product information services, which include Global Sources Online
( http://www.globalsources.com ), China Sourcing Fairs
( http://www.chinasourcingfair.com ), Global Sources monthly magazines and
Global Sources Direct ( http://www.GlobalSourcesDirect.com ).
For more information about Global Sources' products and services to
connect quality buyers and quality suppliers, visit
http://corporate.globalsources.com .
About Global Sources
Global Sources is a leading business-to-business media company and a
primary facilitator of trade withGreater China. The core business is
facilitating trade fromGreater China to the world, using a wide range of
English-language media. The other business segments facilitate trade from the
world toGreater China, and trade withinChina, using Chinese-language media.
The company provides sourcing information to volume buyers and integrated
marketing services to suppliers. It helps a community of over 725,000 active
buyers source more profitably from complex overseas supply markets. With the
goal of providing the most effective ways possible to advertise, market and
sell, Global Sources enables suppliers to sell to hard-to-reach buyers in over
230 countries.
The company offers the most extensive range of media and export marketing
services in the industries it serves. It delivers information on 4.3 million
products and more than 196,000 suppliers annually through 14 online
marketplaces, 13 monthly magazines, over 100 sourcing research reports and 9
specialized trade shows which run 27 times a year across eight cities.
Suppliers receive more than 36 million sales leads annually from buyers
through Global Sources Online ( http://www.globalsources.com ) alone.
Global Sources has been facilitating global trade for 37 years. Global
Sources' network covers more than 69 cities worldwide. In mainlandChina,
Global Sources has over 2,800 team members in more than 44 locations, and a
community of over 1 million registered online users and magazine readers for
Chinese-language media.
Global Sources Press Contact in Asia:
Camellia So
Tel: +852-2555-5021
Email: cso@globalsources.com
Global Sources Press Contact in U.S.:
James W.W. Strachan
Tel: +1-480-664-8309
Email: strachan@globalsources.com
Global Sources Investor Contact in Asia:
Investor Relations Department
Tel: +852-2555-4777
Email: investor@globalsources.com
Global Sources Investor Contact in U.S.:
Kirsten Chapman
Lippert/Heilshorn & Associates, Inc.
Tel: +1-415-433-3777
Email: investor@globalsources.com
SOURCE Global Sources
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