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Last updated: October 21st, 2019 at 16:57 UTC+02:00
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The decision was made amid ongoing trade disputes between Japan and South Korea. Samsung has been an Olympics sponsor for a couple of decades but the 2020 Tokyo Olympics have created some discomfort for the company, especially since it's the only Korean firm in the group of 13 Olympic Partners.
According to a recent report from The Korea Bizwire, Samsung has employed the services of a global marketing firm to determine how big of a negative impact the Tokyo Olympic Games sponsorship will have on its brand image in Japan, especially since Samsung continues aiming to achieve a two-digit market share in the country. The company concluded that it would be more profitable in the long run if the Olympics marketing campaign would omit the Samsung name entirely and focus solely on the Galaxy brand instead.
Samsung admitted a month ago that it is “somewhat uncomfortable” with the idea of supporting the 2020 Tokyo Olympics amid the trade disputes between the two countries. However, the contract with the International Olympic Committee was signed back in 2014, years before the ongoing trade dispute was even a thing, and there's no way around these obligations.
Although Samsung will continue to sponsor the event, the company will attempt to mitigate the damage that could be done to its brand image by disassociating itself from the Tokyo Olympics as much as possible. Samsung is an iconic Korean tech giant and the name carries much more weight and history than the Galaxy brand.
All in all, don't be surprised if the Samsung brand will be missing from the 2020 Tokyo Olympic adverts and billboards. The company is still a worldwide Olympic Games sponsor and will continue to be for at least until 2028.
Mihai is a blogger and column writer at SamMobile. His first Samsung phone was an A800 which took a lot of beating, and a part of him still misses the novelty of the clamshell design. In his free time, he enjoys watching shows, documentaries, and stand-up comedy; listening to music, taking walks, and occasionally playing old(er) video games.