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Samsung donates 100 mln yen for Japan's quake relief

All Headlines 09:29 March 15, 2011

SEOUL, March 15 (Yonhap) -- Samsung Group, South Korea's largest business conglomerate, said Tuesday that it has donated 100 million yen (US$1.22 million) to help Japan's earthquake relief.

In addition to the donation, the group will dispatch 10 rescue workers from Samsung Rescue Corps. and 11 medical workers from the Samsung Medical Center after consulting with the Japanese government, it said in a statement.

The group will also send 2,000 rescue kits with the Korea National Red Cross to the neighborhood country where a 9.0-magnitude earthquake and subsequent tsunami wrecked havoc on villages last Friday on its northeastern coast.

Top executives of Samsung Electronics Co., the group's flagship unit, sent condolence letters to their Japanese business partners, the company said.

"We are very shocked and saddened by the earthquake news in Japan. We hope that the employees and the families are safe, and we will fully cooperate so that the recovery efforts can take place as soon as possible," said the letter signed by Samsung's vice chairman Choi Gee-sung and president Lee Jae-yong.

Samsung's founding family has been keeping personal and economic ties with Japan. Lee Kun-hee, chairman of Samsung Electronics and the group founder's son, is a graduate of Waseda University in Japan and has long seen Japanese electronics makers as business models. His son and heir apparent Jae-yong was also educated in Japan.

ylee@yna.co.kr
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