Samsung Electronics to invest 5.4 tln won in eco-friendly management

SEOUL, July 20 (Yonhap) -- South Korea's Samsung Electronics Co. said Monday it
will invest 5.4 trillion won (US$4.3 billion) on research and development to
transform itself into a leader in eco-friendly management by 2013.
"As a leading global technology company, Samsung Electronics has always taken our
environmental responsibilities very seriously, but today we are committing to
becoming a truly green enterprise that places eco-management at the very heart of
our business decision-making and growth," Samsung Electronics Vice Chairman Lee
Yoon-Woo said in a statement.
According to the company, 3.1 trillion won will be spent to develop eco-friendly
products. The remainder will be used on energy-saving technologies and the
environmental improvement of manufacturing facilities.
Samsung also said the company will halve its greenhouse gas emissions by 2013. To
achieve this, it plans to cut the amount of power used in manufacturing
liquid-crystal displays, memory chips and other products.
The company will also reduce indirect greenhouse gas emissions by 84 million tons
over a five year period by enhancing the energy efficiency of its products and
reducing standby power consumption from 1 watt to 0.5 watt.
ygkim@yna.co.kr
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