Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) ('SEC') on February 21, 2020 announced that its Board of Directors has authorized the following management plans for the Social Contribution Matching Fund for 2020 and contribution to Chungnam Samsung Academy.
Management Plans for the Social Contribution Matching Fund for 2020
- The Social Contribution Fund consists of voluntary contributions by employees and matching funds
by SEC. SEC plans to contribute KRW11.89 billion in 2020 to match the funds raised by
employees last year.
- SEC's contributions will be used for social contribution activities related to adolescent education.
Contribution to Chungnam Samsung Academy
- SEC will contribute KRW2.576 billion in early March, 2020 to Chungnam Samsung Academy as a part of its efforts to improve the local education infrastructure and learning environment.
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Samsung Electronics Co. Ltd. published this content on 21 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 February 2020 09:16:00 UTC
Samsung Electronics Co Ltd is Korea-based company principally engaged in the manufacture and distribution of electronic products. The Company operates its business through four segments. The Information Technology & Mobile Communications (IM) segment manufactures computers, handhold phones (HHPs), network systems, digital cameras and others. The Device Solutions (DS) segment provides semiconductor and display parts, including dynamic random access memories (DRAMs), flashes, thin film transistor-liquid crystal displays (TFT-LCDs) and others. The Consumer Electronics (CE) segment manufactures color televisions (CTVs), monitors, printers, air conditioners, refrigerators, laundry machines and others. The Harman segment manufactures headunits, infotainment, telematics, speaker, among others. The Company distributes its products within domestic market and to overseas markets.
SAMSUNG ELECTRONICS CO., LTD. 
