30 Apr 2019 09:14
Charitable Contribution
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Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) ("SEC") on April 30, 2019 announced that its Board of Directors has authorized the following contributions.
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Contribution to the Korea Occupational Safety & Health Agency
- SEC in June 2019 will contribute KRW 31 billion to the Korea Occupational Safety & Health Agency to establish an occupational safety
and health center and build infrastructure for workers in the electronics industry.
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Provision of performance incentives to suppliers of the Device Solutions Division
- SEC will provide approximately KRW 77.45 billion across 296 first- and second-tier suppliers of the DS Division (scheduled to be
provided in July 2019 and January 2020) as incentives to prevent worksite accidents, improve productivity, and support co-growth.
The specific amounts to each supplier will be calculated after supplier evaluations.
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