Samsung to invest in green products

Samsung to invest in green productsSeoul - Leading South Korea technology company Samsung will invest 5.4 trillion won (4.3 billion dollars) until 2013 to make the company greener, the company said on Monday.

"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," said Lee Yoon Woo, vice-chairman and CEO of Samsung.

According to the plan, Samsung will spend 3.1 trillion won on the development of more environmentally friendly products.

The remainder of the money will go into energy-saving technology and environmentally friendly production facilities.

Samsung wants to halve its factories' greenhouse gas emissions by 2013. (dpa)