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Posted : 2013-04-16 17:08
Updated : 2013-04-16 17:08

LG expands support for subcontractors

Cho Suk-jae, third from left, LG Chem president, shakes hands with the Industrial Bank of Korea CEO Cho Joon-hee after they agreed to launch a 200 billion-won fund to help its subcontractors at LG's headquarters in Yeouido, Tuesday. / Courtesy of LG Group

By Kim Yoo-chul

LG Group said Tuesday it will expand its financial support for subcontractors by investing 200 billion won to launch a fund for mutual growth with small- and medium-sized enterprises (SMEs).

''The group's four affiliates including LG Electronics, LG Chem, LG Display and LG Life Sciences joined hands to create a new fund for shared growth with LG's local suppliers,'' said group spokesman Jeong Jung-wook, Tuesday.

The Industrial Bank of Korea (IBK) will manage the fund. Jeong said the creation of the fund was aimed at helping LG's second- and third-tier suppliers.

In cooperation with the state-run bank, LG launched its first mutual growth fund worth 340 billion won in September 2010 to support its top-tier subcontractors.

In a statement, the group said some 500 second- and third-tier suppliers for the group's four affiliates could borrow money from the fund.

''Subcontractors can borrow money at lower interest rates. It will take only three days to take out loans,'' Jeong said.

The group will also dispatch LG technicians to those partners to help them utilize advanced technologies to cut administrative costs and to share patents with the group in new business areas in which group affiliates are involved.

LG will also hold its own job fair for subcontractors, though the spokesman declined to elaborate further.

Since early this year, LG Chairman Koo Bon-moo has consistently stressed the importance of shared growth. In February, the chairman summoned 2,000 LG officials to a special session on fair trade with its local suppliers.

The nation's conglomerates have been credited with driving Korea's economic growth over three decades by spearheading exports.

However, critics accuse them of hurting smaller companies and widening the income disparity gap through their market domination and concentration of wealth.

Through mutual growth efforts, LG is seeing a mild recovery in its television, display and smartphone businesses, according to LG officials.

The group's most-crucial unit of LG Electronics has succeeded in commercializing a 55-inch OLED TV for the first time in the world.

''LG will give more business opportunities to SMEs. Some say bright days have gone to major Japanese consumer electronics companies. For the short term, that may be. But Japan still has huge leverage in patents in various fields as the country maintains very solid partner-support systems,'' said Jeong.

관련 한글 기사

LG, 동반성장 속도낸다

LG그룹의 동반성장 전략이 탄력을 받고 있다. 1차 협력사뿐 아니라 2차, 3차 협력사까지 재정, 기술 지원을 확대하기로 했다. 

LG그룹은 16일, 2ㆍ3차 협력회사를 지원하기 위해 2,000억원 규모의 동반성장펀드를 조성한다고 밝혔다.

LG전자ㆍLG디스플레이ㆍLG화학ㆍLG생활건강 등 LG그룹 4개 계열사가 출연하고 IBK 기업은행이 매칭한다.

이에 따라 LG그룹 4개사와 IBK기업은행은 2,000억원 규모의 동반성장펀드를 공동 조성해 500여개 2ㆍ3차 협력회사를 지원하게 된다.

협력업체들은 시중금리보다 1.9%포인트에서 최대 2.4%포인트 낮은 금리로 투자 및 운영자금을 대출받을 수 있다. 특히 대출심사 통과 3일 안에 대출금이 지급되며, 상환기간 연장도 가능하다.

이와는 별도로 LG그룹이 1차 협력회사 중심으로 운영해 온 2,500억원 규모의 동반성장펀드는 올해 초 LG이노텍ㆍLG하우시스ㆍLG유플러스 등 3개사가 참여해 3,400억원 규모로 확대했다. 이로써 LG그룹은 협력회사를 대상으로 총 5,400억원 규모의 동반성장펀드를 운영하게 된다.

LG는 IBK기업은행과 손잡고 2ㆍ3차 협력회사의 에너지비용 절감을 위한 무료 컨설팅도 진행한다. 최근 산업용 전기요금 인상으로 중소기업들의 비용 부담이 가중되고 있는 데 따른 것이다. 

LG그룹 계열사들은 올해 들어 2ㆍ3차 협력회사와의 동반성장을 적극 추진하고 있다. LG디스플레이, LG이노텍, LG화학 등은 2차 협력회사 지원 실적이 우수한 1차 협력회사에 가점을 부여하고 있으며, LG전자는 2차 협력회사의 생산ㆍ제조ㆍ물류 등 제조공정 전반에 걸쳐 기술혁신을 지원하는 '생산성 혁신 파트너십 사업'을 전개하고 있다.

LG디스플레이는 성과공유제를 2차 협력사로 확대하고 우리텍 등 2차 협력사와 장비 국산화 및 원가절감을 추진하고 있다. 또 LG화학과 LG이노텍은 1차 협력사와의 납품단가 조정 정보를 공개 중이며, LG유플러스는 2차 협력사를 지원하는 IT시스템을 오픈할 예정이다.



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