New Delhi, November 03, 2011: Digital technology leader, Samsung India Electronics Pvt. Ltd. today flagged off its Olympic Program for the London 2012 Olympic Games by signing a MoU with the Indian Olympic Association to become the ‘Olympic Partner’ for the Indian Contingent to the London 2012 Olympic Games. The MoU was signed by Raja Randhir Singh, Secretary General, IOA and Member, International Olympic Committee and Mr. J. S. Shin, President & CEO, Samsung South West Asia in the presence of Mr. Vijay Kumar Malhotra, President, Indian Olympic Association. Samsung India has become the Official Sponsor of the Indian team in the category of Consumer Electronics, IT and Telecommunications.
Samsung also announced the launch of the ‘Samsung Olympic Ratna’ Program whereby it is providing scholarship support to six, top performing Indian athletes who have qualified for the London 2012 Olympic Games. The Samsung Scholarship Program is patterned on the lines of the Olympic Solidarity Fund and will support the training expenses of the players till the London 2012 Olympic Games. The Samsung Olympic Ratnas for the Year 2011-12 are:
Shooters: Abhinav Bindra, Gagan Narang, Ronjan Sodhi
Boxers: Vikas Krishan Yadav, Laishram Devendro Singh
Archery: Deepika Kumari
Announcing Samsung India’s Program for the London 2012 Olympic Games, Mr. J.S. Shin, President & CEO, Samsung South West Asia said, “Samsung is committed to strengthening the Olympic movement globally as well as in India. I take great pleasure and pride in announcing our sponsorship of the Indian contingent to the London 2012 Olympic Games as ‘Olympic Partner’ as well as the Samsung Olympic Ratna Program for the Year 2011-12. We are rolling out the Samsung Olympic Ratna Program with six players to start with and will add more players as they qualify for the Olympics in the coming months.” The Samsung ‘Olympic Ratna Program’ has been instituted to encourage and support top Indian sporting talent.
Lauding Samsung’s continued support and commitment to Olympic movement, Raja Randhir Singh, Secretary General, IOA and Member IOC, said, “I would like to congratulate Samsung for flagging off its Olympic initiative today. Samsung and IOA have shared an excellent partnership over the years and Samsung has been consistent in its support of the Olympic movement through its support of the Indian team and its Olympic related programs with the Samsung Olympic Ratna program being one of them.”
Samsung India’s association with the Indian Olympic Association commenced with the 1998 Bangkok Asian Games, and ever since, the Company has supported the Indian Contingent to the 2000 Sydney Olympics, the 2002 Busan Asian Games, the 2004 Athens Olympics, the 2008 Beijing Olympics, the 2010 Asian Games and Youth Olympic Games and now the London 2012 Olympic Games. Samsung Electronics, the parent Company of Samsung India, is the worldwide partner of the London 2012 Olympic Games.
About Samsung Electronics Co., Ltd.
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2010 consolidated sales of US$135.8 billion. Employing approximately 190,500 people in 206 offices across 68 countries, the company consists of nine independently operated business units: Visual Display, Mobile Communications, Telecommunication Systems, Digital Appliances, IT Solutions, Digital Imaging, Memory, System LSI and LCD. Recognized as one of the fastest growing global brands, Samsung Electronics is a leading producer of digital TVs, semiconductor chips, mobile phones and TFT-LCDs. For more information, please visit www.samsung.com.
