founded september 15 1954 number of employees 2 897 2007 website www.cheilind.co.kr cheil industries hangul hanja revised romanization jeil mojik mccune reischauer cheil mojik cheil industries is an affiliate of the samsung group . since its establishment in 1954 cheil industries has been a korean textile firm . thereafter from 1980s the company expanded its business areas into fashion chemicals and electronic chemical materials ecm . in october 2014 cheil industries submitted plans for an initial public offering with around 1.41 billion in shares planned for listing on the south korea stock exchange . 1 contents 1 history 2 products 2.1 chemicals 2.2 electronic materials 3 fashion 4 see also 5 references 6 external links history edit 1954 cheil woolen fabrics industries established 1961 exported 3 000 pounds of jangmi brand carded wool to hong kong first 1965 obtained a korean license for wool mark from i.w.s. 1972 established cheil synthetic fiber 1976 changed name to cheil industries 1992 developed the world s first high density 1 130 000 carpets 1994 succeeded in developing and manufacturing eps for foundry at the hwasung r & d center 2000 changed the line of business registered with korea stock exchange to chemicals 2003 completed the construction of the daegu opera house 2007 developed the tempist stylist the world s first artificial marble with highly transparent chips 2014 an imminent merger with samsung sdi co. ltd. changed to samsung sdi chemicals and electronic materials http cii.samsung.com english 2015 cheil announced plans to acquire samsung c & t for 8 billion in a transaction viewed as consolidating samsung heir lee jae yong s control over the samsung group . elliott associates an american hedge fund that owned 7.1 % of samsung c & t s stock opposed the transaction and attempted to block it in court on the basis that it was not in the best interest of shareholders . 2 products edit chemicals edit cheil industries began its chemical business in 1989 . the company entered into the polycarbonate pc business in 2007 . a new pc plant was completed in march 2008 and is now operational . the company also produces flame retardant abs sheet abs flame retardant high impact ps hips polycarbonate pc heat recasting abs for vehicles and artificial marble . electronic materials edit cheil industries electronic material business started with the company s development in 1996 of emc . the ecm business unit of cheil industries acquired kosdaq listed ace digitech in march 2007 and began a polarizing film business a core component of liquid crystal display lcd panels . semiconductor materials emc cmp slurry display materials light guide plate diffusion plate cr acf material for secondary batteries electrolytic solution functional materials ems paste fashion edit cheil industries began its business by producing textiles since 1954 . the company then expanded its business areas into fashion by launching its first men s wear range in 1989 . since then it has diversified into casual wear ladies wear and sports wear . cheil industries was the first korean fashion company to introduce the just in time jit system as part of its restructuring efforts considerably enhancing management efficiency through reduced lead time in the manufacturing process . it also made moves via consistent brand restructuring initiatives to enter into new business lines that it deems to have high growth potential . through these initiatives cheil industries was successful in building a profitable business structure thereby establishing itself as a fashion company . myport footwear portugal international footwear outsourcing agency based in portugal . bean pole international 10 corso como 8seconds a specialty retailer of private label apparel spa brand launched at the beginning of 2012 . 3 see also edit cheil industries fc fashion in south korea references edit samsung s cheil industries submits plans for roughly 1.4 billion ipo press release . reuters . 14 october 2014 . lee min jeong 10 june 2015 . samsung c & t adds new stakeholder to support takeover . the wall street journal . retrieved 11 june 2015 . seo ji eun 5 march 2012 . fashion picks up speed with 8seconds cheil industries new label is aiming to challenge global brands . joongang daily . retrieved 29 march 2013 . questar external links edit cheil industries v t e samsung subsidiaries electronics samsung electronics samsung electro mechanics samsung sdi samsung sds samsung display samsung corning advanced glass heavy industries samsung c & t engineering & construction group samsung heavy industries samsung engineering financial services samsung life insurance samsung fire & marine insurance samsung card samsung securities samsung asset management samsung venture investment others samsung c & t trading & investment group samsung c & t fashion group bean pole samsung c & t resort group everland everland resort caribbean bay hotel shilla cheil worldwide s 1 samsung medical center samsung economic research institute samsung biologics samsung bioepis samsung welstory samsung indonesia spotify indonesia yayasan anugerah musik indonesia affiliated organisations samsung human resources development center samsung foundation samsung foundation of culture samsung welfare foundation samsung life public welfare foundation ho am foundation ho am art museum ho am art hall ho am prize leeum samsung museum of art plateau samsung childcare center samsung child education and culture center samsung dream class samsung scholarship samsung corporate citizenship mydog & samsung samsung institude of safety & environment samsung press foundation samsung science & technology foundation samsung electronics science & technology center samsung legal aid services samsung transportation museum sports samsung sports suwon samsung bluewings samsung lions seoul samsung thunders yongin samsung blueminx daejeon samsung bluefangs samsung galaxy samsung training center people lee byung chul lee kun hee lee jae yong lee boo jin lee seo hyun lee yoon hyung other samsung hub samsung town samsung global scholarship program sungkyunkwan university cj shinsegae hansol saehan joongang ilbo tbc category commons v t e krx 100 companies of south korea amorepacific bnk financial celltrion cheil worldwide cj cj cheiljedang cj korea express cjos coway group daelim daewoo international daewoo securities daewoo shipbuilding & marine engineering dgb financial group dongbu fire doosan doosan heavy industries & construction e mart grand korea leisure gs gs shop halla visteon hana financial hankook tire hankook tire worldwide hansol hyundai department store hyundai development company hyundai engineering & construction hyundai glovis hyundai heavy industries hyundai marine & fire insurance hyundai mipo dockyard hyundai mobis hyundai motor company hyundai steel hyundai wia industrial bank of korea kakao kangwon land kb financial kcc kia motors kepco kepco e & c kepco kps korea gas korea investment holdings korea zinc kt kt & g kumho petrochemical lf lg lg chem lg electronics lg household & health care lg international lg uplus lig loen lotte chemical lotte shopping ls ls industrial systems mirae asset securities naver ncsoft nongwoo bio oci orion osstem implant posco s1 s oil s.m. entertainment samsung card samsung c & t samsung electro mechanics samsung electronics samsung engineering samsung fire & marine samsung heavy industries samsung life samsung sdi samsung securities samsung techwin seoul semiconductor sfa engineering shinhan group shinsegae sk sk c & c sk hynix sk innovation sk telecom the basic house woori financial youngone yuhan retrieved from https en.wikipedia.org w index.php title cheil industries & oldid 742800072 categories samsung subsidiariescompanies listed on the korea stock exchangechemical companieshidden categories articles containing korean language text navigation menu personal tools not logged intalkcontributionscreate accountlog in 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