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Principles in Procurement

Open and Global Activities

We will conduct open procurement activities in accordance with the principles of free competition regardless of nationality or size of business.

Partnership

We will establish a solid partnership with every supplier or contractor and respect mutual trust and understanding for growing up together.

Fairness

We will select vendors based on objective and comprehensive evaluation such factors as quality, price, delivery, technical capabilities and management credibility, and in accordance with proper procedures.

Confidentiality

We will make an effort to place strict controls on supplier’s or contractor’s confidential information we learn through our procurement activities and keep it secret.

Compliance

We will observe related laws and regulations and conform to social norms.