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Tech/Science
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Samsung Electronics to establish 1 tln won fund for contractors
SEOUL, Aug. 16 (Yonhap) -- Samsung Electronics Co., the world's largest maker of computer memory chips, said Monday that it will establish a 1 trillion won (US$835 million) fund to boost support for its contractors.

The move comes as the company reported one of the largest quarterly earnings last month amid calls from President Lee Myung-bak and his government on large businesses to share some of their profits with their contractors or small and medium enterprises (SMEs).