Samho Shoe Manufacturing Company

What Samho Shoe Manufacturing Company does

Samho Shoe Manufacturing Company (삼호산업) is a privately held Korean footwear OEM founded in 1974 as Taekwang Chemical and legally incorporated as Samho Industry Co., Ltd. in 1990. Its commercial model is concentrated on Original Equipment Manufacturing (OEM) for New Balance: the company receives product concepts from the brand and converts them into physical samples at in-house development centers in Vietnam before scaling to mass production. All output is exported for global distribution through New Balance's worldwide channels.

Name

Samho Shoe Manufacturing Company

Legal name

삼호산업 주식회사

Website

https://esamho.com

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

51–100 employees

Short description

Samho Shoe Manufacturing is a privately held Korean OEM footwear producer that manufactures exclusively for New Balance across two Vietnam factories with combined monthly capacity of roughly 2 million pairs, supporting approximately USD 300M in 2024 revenue.

Ownership category

akta.pro rank

Product category

OEM Athletic Footwear Manufacturing

NAICS

Footwear Manufacturing (316210)

SIC

Footwear, (No Rubber) (3140)

akta.pro primary industry

Footwear Manufacturing (OEM/ODM & Private Label) (CRAAACAJ)

akta.pro secondary industry

Athletic Footwear Manufacturing (Running/Training/Court) (IMAOAIAA)

Keywords

• OEM shoe manufacturing
• Athletic footwear production
• Contract footwear manufacturing
• Vietnam shoe factories
• New Balance OEM supplier

Headquarters

HQ city

Busan

HQ country

South Korea

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D

Revenue model

1. OEM Shoe Manufacturing: Manufactures New Balance footwear using OEM model. Products are entirely exported. Revenue comes from production fees for athletic shoes and related footwear products.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Samho Shoe Manufacturing Company is an Original Equipment Manufacturer (OEM) of athletic and lifestyle footwear, producing shoes primarily for New Balance at two large-scale factories in Vietnam (Cu Chi/Ho Chi Minh City and An Giang). The company operates development centers that receive brand concepts and convert them into physical samples before mass production, with a combined monthly capacity of approximately 2 million pairs (about 24 million pairs annually). All output is exported, with products developed and manufactured in Vietnam and sold through the brand customer's global distribution network.

Product overview

Samho Shoe Manufacturing Company is a shoe manufacturing company that operates as an OEM (Original Equipment Manufacturer) producing footwear primarily for New Balance. The company operates development centers in Vietnam (Go Chi and An Giang) that receive brand concepts and convert them into physical product samples before mass production. Monthly production capacity reaches 2 million pairs across its facilities, with annual production of 24 million pairs. The company specializes in athletic shoes, running shoes, and lifestyle footwear under the New Balance brand.

Differentiator

Problem solved

Functional benefit

Products and services

• OEM Shoe Manufacturing Original Equipment Manufacturing (OEM) of athletic and casual footwear for global brands, primarily New Balance. Production occurs at two Vietnam factories (Cu Chi and An Giang) with combined monthly capacity of approximately 2 million pairs.
• New Balance Athletic Footwear Models Manufacture of New Balance athletic shoe lines including running, lifestyle, and performance footwear models (e.g., 880 v15, EVOZ v4, Propel v5, Hierro v9, MR 530, L 574, V3 740, NB 860 v14) developed and produced at Samho's Vietnam facilities.
• Development Center Services R&D facility in Vietnam (Product Creation Center, established 2007) that receives brand concepts and creates physical product samples, performs mold-making, and supports product development before mass production.

Quantifiable outcome

• Combined monthly production of 1.46 million pairs between two factories as of 2024

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• New BalancecoreStrategic or Co-development PartnerLong-term OEM manufacturing partnership for athletic footwear production. Samho receives product concepts from New Balance and handles development, sampling, and mass production. Partnership began with NB Business start in June 2010. Vietnam factories exclusively produce New Balance products under this arrangement.

Scale indicators5 records

Recent moves10 records

Expansion highlights4 records

Broad incumbents

• Feng Tay Enterprises: Major Taiwanese athletic footwear OEM, primarily serving Nike with large Vietnam and Indonesia operations. Highly comparable OEM business model and Vietnam manufacturing footprint to Samho, though concentrated on a different anchor brand.
• Stella International: Hong Kong-listed footwear OEM with significant Vietnam production serving premium brands. Comparable in producing branded footwear through OEM contracts with a Vietnam manufacturing footprint.
• Pou Chen Corporation: World's largest branded athletic and casual footwear OEM (Taiwan), producing for Nike, Adidas, Reebok, Asics, and others across China, Vietnam, Indonesia. Comparable to Samho as a scaled athletic footwear OEM serving global brands, but with far greater customer diversification and revenue base.
• Yue Yuen International: Hong Kong-listed, world's largest footwear manufacturer by volume (Nike, Adidas, Asics, New Balance, etc.). Comparable OEM scale and global brand customer base, though much more diversified across brands and geographies than Samho.
• Eclat Textile (Eclat, Inc.): Taiwan-based OEM/ODM footwear and apparel manufacturer serving brands like Nike, Under Armour, and Lululemon. Comparable OEM manufacturing scale and customer base of global athletic brands.

Direct peers

• Huali Industrial Group: China-based athletic footwear OEM manufacturing for Nike, Vans, UGG, and Puma. Comparable OEM model producing athletic and casual footwear for global brands, though primarily China-based rather than Vietnam-based like Samho.
• Changshin Inc. Korean-headquartered athletic footwear OEM with major Vietnam operations producing primarily for Nike. Closest direct peer to Samho due to Korea HQ, Vietnam manufacturing base, and large-scale athletic footwear OEM model.
• Tae Kwang Vina Industrial: Korean athletic footwear OEM (related to Taekwang Industrial) with large Vietnam operations producing for Nike and Adidas. Closely comparable Korean HQ + Vietnam factory + athletic footwear OEM model to Samho.

Emerging players

• Regina Miracle International: Hong Kong-listed intimate apparel and footwear OEM with Vietnam and China facilities serving global brands like Nike, Victoria's Secret. Comparable OEM manufacturing expertise for footwear/athletic-adjacent categories, with less direct athletic shoe overlap.

Others

• New Balance (direct customer reference): Anchor OEM customer of Samho. Included as a counterparty reference to contextualize Samho's revenue base and to enable benchmarking of brand-side growth trajectory.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/watch?v=GA7km3w6L1U
• LinkedInlinkedin.com/company/samho-shoe-manufacturing-company

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Samho Shoe Manufacturing Company