Samsung extends deal in the same way as Olympics top sponsor to 2020
Samsung has extended its top funding contract in the same way as an Olympics worldwide partner to 2020, the International Olympic team (IOC) alleged on Sunday.
Samsung, who to begin with signed up in the same way as a top sponsor with the IOC participating in 1998 and was a native sponsor next to the 1988 Seoul Olympics in the same way as well, willpower support all Games up until and together with Tokyo 2020.
"We are delighted to come to pass able to pick up again our alliance with Samsung," alleged IOC President Thomas Bach participating in a statement.
"The funding generated by the TOP Programme frankly ropes the staging of all Olympic Games, in the same way as well in the same way as all solitary of the state-owned Olympic Committees, enabling athletes from all on the the human race to put in order on behalf of and compete next to every one Games."
The 2016 summer Games willpower come to pass held participating in Rio de Janeiro while the 2018 winter Olympics willpower come to pass staged participating in South Korea's Pyeongchang.
Although it does not disclose contract details of its funding agreements, the deals with its top sponsors generate an estimated 100 million apiece quadrennium.
Other most important sponsors, together with McDonald's, Coca-Cola, Panasonic and Atos carry out signed up until 2020 or else clear of.
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