SK Hynix Donates 2.9 Billion KRW to 'Happiness Sharing Fund'... Total 22.4 Billion KRW Over 10 Years

The Company Matches the Amount Raised Through Voluntary Employee Participation... Total Beneficiaries Reach 49,000

[Asia Economy Reporter Ki-min Lee] On the 7th of this month, SK Hynix delivered 2.9 billion KRW from the ‘Happiness Sharing Fund,’ created through the voluntary participation of employees, to the Gyeonggi and Chungbuk Community Chest of Korea at its headquarters in Icheon, Gyeonggi Province.

The Happiness Sharing Fund is a fund established by SK Hynix since 2011 to support vulnerable groups in the region. It operates by matching the amount donated by employees with an equal amount from the company. To date, the total accumulated donation amount has reached 22.4 billion KRW, benefiting 49,000 people.

SK Hynix’s Happiness Sharing Fund is utilized in eight areas, including ▲future talent development projects targeting children and adolescents ▲social problem-solving projects for the elderly and people with disabilities.

In particular, starting this year, the company plans to increase the proportion of ICT-based social contribution activities such as ‘Happiness GPS’ and ‘Silver Friend.’ ‘Happiness GPS’ is a project that SK Hynix has been running since 2017, providing wandering detection devices to high-risk groups such as elderly dementia patients and people with developmental disabilities. Citing data from the National Police Agency, SK Hynix explained that the number of missing person cases resolved through Happiness GPS has reached a total of 207 so far.

Lee Seok-hee, CEO of SK Hynix, attended the delivery ceremony and said, “The Happiness Sharing Fund holds a special meaning as it has been created over the past 10 years through voluntary donations from employees regardless of the company’s performance. We will utilize our unique ICT capabilities to turn the sincere efforts of our members, as well as the support from the Community Chest of Korea and local governments, into greater happiness.”

Since last year, SK Hynix has expanded the scope of projects using the Happiness Sharing Fund from Icheon and Cheongju to nationwide operations. The support has also been extended from children and adolescents and the elderly to include people with developmental disabilities.

This content was produced with the assistance of AI translation services.