Samsung extends Olympic sponsorshipStaff writer ▼ | August 18, 2014
South Korea's Samsung has extended its top sponsorship contract as an Olympics worldwide partner to 2020, the International Olympic Committee (IOC) has announced.
Games in Rio de Janeiro and Pyeongchang The International Olympic Committee announced
"We are delighted to be able to continue our partnership with Samsung," said IOC President Thomas Bach.
"The funding directly supports the staging of every Olympic Games, as well as every one of the National Olympic Committees, enabling athletes from all over the world to prepare for and compete at each Games."
The 2016 summer Games will be held in Rio de Janeiro while the 2018 winter Olympics will be staged in South Korea's Pyeongchang.
Other major sponsors, including McDonald's, Coca-Cola, Panasonic and Atos have signed up until 2020 or beyond. ■