You may have seen this coming if you’ve kept up to date with recent worldwide events, but the Tokyo 2020 Olympic and Paralympic Games have been officially postponed because of the coronavirus pandemic. Samsung, a long-time global partner of the Olympic Games, has addressed the issue and it has confirmed that it will ‘remain fully committed to supporting the Olympic Movement globally.’

Samsung is one of the biggest Olympics supporters, and it’s been a Worldwide Olympic Partner since 1998. The company had extended its partnership with the International Olympic Committee (IOC) at the end of 2018 for an additional 10 years, while earlier this year, it became a Gold Partner of the Tokyo 2020 Paralympic Games.

The Tokyo 2020 Olympic and Paralympic Games were originally scheduled to begin on July 24. However, the coronavirus pandemic is wreaking havoc across global economies and sporting events, many of which have already been canceled or delayed. The IOC had to make a call as we’re nearing summer, and it’s decided to postpone the event for a year. The games are now set to take place in 2021 but the event will retain the ‘Tokyo 2020’ moniker, according to the BBC.

Samsung is supporting the IOC’s decision to postpone the Olympics until next year and has confirmed that it will work closely with the organizers ‘to ensure a safe and memorable Olympic Games.’