Key figures including Gangwon Governor Woo Sang-ho, Lawmaker Yoo Sang-beom, Provincial Assembly Chairperson Park Gil-sun, and Hongcheon County Mayor Shin Young-jae attended the ceremony to deliver congratulatory remarks.

On Friday, November 13, a completion ceremony for the expansion of Samsung Medison Co., Ltd. (CEO Yoo Kyu-tae) was held at its Hongcheon business site in Nam-myeon, Hongcheon-gun.

The ceremony was attended by around 50 key figures and related personnel—including Gangwon Special Self-Governing Province Governor Woo Sang-ho, National Assembly Member Yoo Sang-beom, Provincial Assembly Chairperson Park Gil-sun, and Hongcheon County Mayor Shin Young-jae. They celebrated the completion of the expansion project and pledged to foster the sustainable development of the local medical device industry and promote mutual cooperation.

The expansion project began construction in September 2025 and was completed in August 2026, with a total investment of approximately 48 billion won. Spanning an expanded building area of 11,523.56 square meters, the expanded plant will strengthen Samsung Medison’s production base for ultrasound diagnostic equipment and help meet growing global market demand.

Established in Hongcheon in 1985, Samsung Medison is a leading domestic medical device venture. Since being acquired by Samsung Electronics in 2010, the company has elevated its competitiveness in the global market. Recently, it has reinforced its product competitiveness through advanced AI-based diagnostic assistance functions and technological innovation.

The company has achieved three consecutive years of revenue growth, investing 16 percent of its sales into research and development to lead innovative tech advancement.
Samsung Medison leads the nation in medical device export performance, accounting for 40 percent of Gangwon Province’s total medical device exports.
To strengthen the competitiveness of the medical device industry, the Gangwon Special Self-Governing Province supports corporate growth through various national projects, such as AI-based digital healthcare technology development and international certification support for global market entry. These efforts have established the region as a leader in the domestic medical device market, ranking second nationwide in medical device exports and third in production.

Attending the event, Governor Woo Sang-ho stated, “As a global enterprise, Samsung Medison is a hometown anchor company that has grown together with the region by creating quality jobs for local youth and revitalizing the local economy, leading the domestic medical device industry.” He added, “The Gangwon Special Self-Governing Province will continue to strongly support the growth of Samsung Medison and other regional medical device companies.”

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