Samsung Electronics: Global Changes In The Environment

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Samsung Electronics is the world's largest high-tech company, is also in transition to adapt to the rapid changes in the climate and to fulfil the social responsibilities to consumers and global citizens. Samsung said it is investing 1.01 trillion won (US $ 865 million) in 2009 to develop environmentally friendly products and build green production bases to meet the overall sustainable development goals set out in the Planet First ™ program. The standardization of greenhouse gas emissions for sales of production facilities was also reduced by 31% and the average energy efficiency of new products increased by 16%.
Besides, Samsung Electronics Samsung has acquired the global ecolabel of 2,134 products and made the company the No.1 eco-friendly
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dollars) used in environmental product development and green production bases. Among 57 billion (about 488 million U.S. dollars) were spent on energy-saving technologies, environmentally friendly materials and renewable energy projects, and 440 billion (about 377 million U.S. dollars) were devoted to pollution reduction and energy-saving production facilities. Samsung also announced by planning to invest 6 trillion ($ 5.1 billion) in solar cell business by 2020 as part of a new renewable energy supply. (Zhangjieya, 2010)
On top of that, Samsung has also hired their top rival’s designer, at the year 2013 to improve on their own retail sales. By doing so, the company have identified their rival and opt for a solution to emerge as a strong competitor in sales. Following rivals footsteps and improvising have led Samsung to surpass their many rival brands. Now Samsung has hiked its sales far better than other rival brands, mainly Apple. (AppleInsiderStaff,
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A workers' safety team documented more than 200 serious diseases including leukaemia, lupus, lymphoma and multiple sclerosis among the former Samsung Semiconductor and LCD workers and found that sixty-six people have died, mostly around 20 to 30-year-old. It is very difficult for the Korean government to claim compensation for occupational diseases and they do not have the details of exposure to toxins in the workplace. At the age of 22, his father, a former Samsung factory worker, told the Associated Press that the company had provided him with 1 billion won ($ 91,400) in exchange for silence. Since 2008, 56 workers have applied to the government for compensation for occupational safety. After years of court-fighting, only a maximum of 10 people has been compensated. Half of the remaining 46 claims were rejected and another half was under review. (Whigham,
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