Charitable Contribution
Summary by AI BETAClose X
Charitable Contribution
Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) ("SEC"), on August 21, 2026, announced that its Board of Directors has authorized the following contribution:
□ Contributions to a fund to provide performance incentives for outstanding business partners of the Device Solutions (DS) Division
- Purpose: Contribute to preventing safety accidents at business sites, improving quality, and expanding mutual cooperation activities with business partners
- Contribution Amount: KRW 78.9 billion
- Eligible Recipients: Small and medium-sized enterprises among on-site business partners of the DS Division
- Payment Method: Safety incentives to be paid twice a year (Sep 2026 and Feb 2027); productivity incentives to be paid once a year (Feb 2027)
※ Safety incentives will be paid according to partner grade based on each company's evaluation results, while productivity incentives will be provided to those not eligible for safety incentives
※ SEC will contribute to the Korea Foundation for Cooperation of Large & Small Business, Rural Affairs, which will distribute the incentive to the eligible suppliers
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