Samsung Makes a Generous Donation for Flood Recovery, Contributes 3 Billion Won to North Gyeongsang and South Gyeongsang

Donations from nine affiliates… Samsung Heavy Industries, which also suffered damage, takes part More than 130 billion won donated to domestic disaster relief since 1995

사진 확대 Samsung Electronics Seocho Building in Gangnam-gu, Seoul. [Yonhap]

Samsung Group donated 3 billion won to comfort residents who suffered major damage from heavy rain in Geoje and Tongyeong in South Gyeongsang Province, and in Andong and Uiseong County in North Gyeongsang Province, and to support recovery efforts.

According to Samsung Group on the 28th, nine affiliates took part in the donation, including Samsung Electronics, Samsung C&T Corporation, Samsung Life Insurance, Samsung Display Co., Ltd., Samsung SDI Co., Ltd., Samsung Electro-Mechanics, SDS, Samsung Fire & Marine Insurance, and Samsung Heavy Industries.

Samsung Heavy Industries joined the donation willingly to help the local community, even though it also sustained some damage from the heavy rain.

In addition to the 3 billion won relief fund, Samsung Group has provided emergency relief supplies and shelters to flood victims and launched financial support measures for customers affected by the heavy rain.

Residents in the affected areas will receive 1,000 emergency relief kits and 300 disaster relief shelters, tent-style temporary housing units, produced with support from the Korean Red Cross. The relief kits include essential items such as blankets, sportswear, towels, and toiletries.

Since 2005, Samsung Group has donated money to the Korean Red Cross every year to help secure disaster relief equipment and emergency supplies.

사진 확대 Samsung Electronics Seocho Building in Gangnam-gu, Seoul. [Yonhap]

Samsung Card Co., Ltd. will provide financial support to customers affected by the heavy rain. For customers hit by the flooding, the company will defer credit card bill payments due from August to October this year for up to six months and allow installment payments of scheduled charges, interest-free, for up to six months.

It will also cut card loan interest by up to 30 percent and extend the maturity of long-term card loans for customers whose due dates fall by the end of October.

Whenever major disasters strike at home or abroad, Samsung Group actively joins social efforts to overcome the crisis.

When heavy rain hit the country, including South Gyeongsang Province and South Chungcheong Province, in July 2025, Samsung Group also donated 3 billion won. In March of the same year, when wildfires broke out in North Gyeongsang Province, South Gyeongsang Province, and Ulsan, it donated 3 billion won in relief funds and home appliances worth 1 billion won. The group also provided emergency relief kits and offered free inspections for water-damaged appliances.

In 2023, Samsung Group also provided 3 billion won to help residents in the Chungcheong and Gyeongsang regions recover from severe flood damage caused by heavy rain, and donated 3 billion won in relief funds to support recovery from wildfires in Gangwon State, South Chungcheong Province, North Gyeongsang Province, and Jeollanam-do.

Since 1995, including this latest donation for flood recovery, Samsung Group has given more than 130 billion won to help the country recover from disasters and accidents.

When a major wildfire broke out in Los Angeles in 2025, Samsung Group also donated electronics worth $1 million, including home appliances, tablets, and PCs. In 2023, when a massive earthquake struck Türkiye, it provided emergency aid worth a total of $3 million, including relief funds and supplies for disaster recovery.

This article has been translated by GripLabs Mingo AI.