SK Hynix Donates 2.3 Billion KRW to 'Happiness Sharing Fund' to Support Vulnerable Groups

Employee Fundraising Increases Despite Semiconductor Industry Downturn

SK Hynix employees voluntarily raised 2.29 billion KRW for the 'Happiness Sharing Fund' and donated it to the Community Chest of Korea.

On the 14th, SK Hynix announced that it held the '2024 Happiness Sharing Fund Donation Ceremony' at its headquarters in Icheon, Gyeonggi Province. Attending the ceremony were Hwang In-sik, Secretary General of the Community Chest of Korea, Kim Dong-seop, President of External Cooperation at SK Hynix, Hwang Yong-jun, Chairman of the Icheon Labor Union, Ko Sang-nam, Chairman of the Cheongju Labor Union, and Kim Byung-ho, Chairman of the Technical Office Workers' Association.

At the '2024 Happiness Sharing Fund Presentation Ceremony' held on the 14th at SK Hynix's Icheon headquarters, attendees are taking a commemorative photo. From the bottom row, left to right: Park Yong-geun, Vice President of Icheon CPR at SK Hynix; Kim Byung-ho, Chair of the Technical Office Workers' Union; Hwang Yong-jun, Chair of the Icheon Labor Union; Kim Dong-seop, President of External Cooperation; Hwang In-sik, Secretary General of the Community Chest of Korea; Go Sang-nam, Chair of the Cheongju Labor Union; Kim Kyung-hee, Director of the Community Chest of Korea. From the top row, left to right: Oh Kyung-taek, TL; Oh Ji-hwan, Gijeong; Kim Yu-mi, Gijeong; Heo Hye-eun, TL; Ahn Jae-seok, TL. / Photo by SK Hynix Newsroom

Since 2011, SK Hynix has been operating the Happiness Sharing Fund to support vulnerable groups. This fund follows a 'matching grant' system, where the company donates an amount equal to what employees raise. The cumulative donation amount to date is approximately 32.2 billion KRW, with last year’s total reaching 2.29 billion KRW, an increase of 130 million KRW compared to the previous year. Despite difficulties due to the semiconductor industry downturn, the donation amount increased.

The Happiness Sharing Fund is used for social contribution projects aimed at helping socially disadvantaged groups and nurturing future ICT (Information and Communication Technology) talents. Last year, the fund supported projects such as ‘Happiness GPS,’ which prevents the disappearance of elderly dementia patients and people with developmental disabilities, and ‘Silver Friend,’ which provides AI speakers to elderly people living alone.

At the donation ceremony, President Kim Dong-seop said, "The Happiness Sharing Fund is a fund with a history of consistent support even during difficult times for the company. Last year, the cumulative donation amount surpassed 30 billion KRW, and I hope this momentum continues so that the fund becomes a catalyst delivering warmth to communities across the region."

The event also included an awards ceremony to encourage outstanding donors and volunteers within the company. An Jae-seok TL, Oh Ji-hwan and Kim Yu-mi from the Technical Office, who have donated for over 10 years, and Heo Hye-eun TL, who actively participated in company volunteer activities, received the 'Happiness Sharing Practice Award.'

This year, a 'Happiness Sharing Special Award' was newly established for employees who engaged in unique donation activities. The first recipient was Oh Kyung-taek TL, who led the '1m 1won of Love' campaign, donating to pediatric cancer patients based on the distance he ran in marathons.

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