Samsung signs on as official sponsor for Pyeongchang 2018 Organizing Committee
Participating in this sponsorship deal:
About Sponsor:
Samsung is a South Korean multinational conglomerate company headquartered in Samsung Town, Seoul. It comprises numerous subsidiaries and affiliated businesses, most of them united under the Samsung brand, and is the largest South Korean chaebol (business conglomerate).
About Property:
The 2018 Winter Olympics, officially known as the XXIII Olympic Winter Games, is a winter multi-sport event scheduled to take place in Pyeongchang, South Korea, between 9 and 25 February 2018. The elected host city was announced on 6 July 2011 by the International Olympic Committee , after the 123rd IOC Session in Durban. Other candidates that applied to host the games were Annecy, France and Munich, Germany.
Samsung Group affiliates, including Samsung Electronics, Samsung Life Insurance, Samsung Fire and Marine Insurance, Samsung Securities and Cheil Industries, will provide the organizers with approximately 80 billion won in cash, and merchandise worth 20 billion won, until the 2018 Games. Samsung Electronics will provide IT equipment and Cheil Industries will provide outfits for the Games.
Read more at https://www.koreatimes.co.kr/www/news/sports/2015/04/136_176595.html.com »
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