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| Samsung Group To Invest US $1.35 Billion |
Business is based on trust and foresight. Establishing and keeping trust with customers, communities and regulators has become very essential. To be successful in the long-term, companies need to think beyond what’s affecting them today to what’s going to happen tomorrow.
And it looks like Samsung Group (KRX:005935) has taken CSR (Corporate Social Responsibility) seriously; it is planning to invest a total of 1.5 trillion Korean Won (US $1.34 Billion) in the next ten years for establishing a new foundation to develop future technologies. This plan aims to support President Park Geun-Hye’s “creative economy” policy.
Samsung electronics
According to an article in Korea Economic Daily, Samsung group will provide around 300 billion won (US $268 Million) this year and 450 billion won (US $402 million) for the next few years until 2017, 750 billion (US $671 million) won for the next five years between 2018 and 2022.
