Company Announcements

Charitable Contribution

Source: RNS
RNS Number : 5659Q
Samsung Electronics Co. Ld
28 October 2021

Charitable Contribution


Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) ("SEC") on October 28, 2021 announced that its Board of Directors has authorized the following contributions.



Sponsorship of WorldSkills International

SEC will provide EUR 1.5 million (approximately KRW 2.09 billion) to WorldSkills Shanghai 2022 and the Organizing Committee of WorldSkills International as a global social contribution to nurture future talent who will contribute to global industrial development.


Contribution to Joint Investment Technology Development Agreement Fund

SEC will contribute KRW 15 billion (KRW 3 billion each year from 2022 to 2026) to the Joint Investment Technology Development Agreement Fund to participate in the Joint Investment Technology Development Project created by the Ministry of SMEs and Startups ("Ministry"). The fund will be created under the Ministry by the Korea Foundation for Cooperation of Large & Small Business, Rural Affairs with the Ministry contributing KRW 15 billion to match SEC's contribution, and the funds will be allocated to chosen SMEs based on results of evaluations of tasks given by the Ministry. The tasks will be related to robotics, AI, biohealth, system semiconductors, and domestic production of materials, parts, and equipment.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact or visit

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.