Samsung affiliates donate ￦50 billion to Community Chest
Thirteen Samsung affiliates including Samsung Electronics and Samsung SDI donated 50 billion won ($45 million) to the Community Chest of Korea, the electronics maker announced Tuesday.
The year-end donation is intended to benefit people from disadvantaged backgrounds, Samsung said, with accumulated donations amounting to 670 billion won since 1999.
Other participating affiliates are Samsung Display, Samsung Electro-Mechanics, Samsung SDS, Samsung Life Insurance, Samsung Card, Samsung Securities, Samsung C&T, Samsung Engineering, Samsung Fire & Marine Insurance, Cheil Worldwide and S-1.
In line with the charity activities, the affiliates will also purchase 300,000 calendars made by nonprofit organizations including Unicef and ChildFund.
BY PARK EUN-JEE [firstname.lastname@example.org]
More in Industry
EuCorVac-19 vaccine gets greenlight for trials
Tesla model to lose government subsidies
Jailed Lee vows to support Samsung compliance committee
Samsung Display will make display with higher refresh rate
Clean start to the Lunar New Year