Samsung, SK, LG Donate $6 Million for Flood Relief, Offer Appliance Repairs

South Korean conglomerates Samsung, SK, and LG have pledged substantial financial aid and support to communities devastated by recent heavy rainfall in the southern part of the country. The companies announced donations totaling 6 billion won (approximately $4.4 million) to assist with recovery and relief efforts for those displaced by the floods.

Samsung leads the corporate response with a 3 billion won ($2.2 million) donation earmarked for reconstruction in hard-hit areas such as Geoje and Tongyeong. Beyond financial contributions, the conglomerate will supply 1,000 emergency relief kits and 300 temporary shelters for those who have lost their homes. Samsung Card is also extending financial flexibility to affected customers, offering payment deferrals of up to six months and interest rate reductions on loans.

The SK Group is contributing 2 billion won ($1.5 million) through the Community Chest of Korea to support flood recovery and aid victims. SK Hynix has already dispatched 630 volunteer kits to affected regions, while SK Telecom and SK Broadband are providing essential communication and entertainment services, including smartphone charging stations, Wi-Fi, and IPTV, to temporary shelters.

LG is adding 1 billion won ($740,000) to the relief fund, directed towards supporting residents in areas including Busan, Gyeongnam, Gwangju, and Jeonnam. The company is also offering free repairs for LG home appliances damaged by the floods, demonstrating a commitment to helping affected households restore normalcy.