The Samsung Electronics logo is seen on the top of a building at the company's headquarters in Suwon, Gyeonggi, on May 22. [AP PHOTO/YONHAP]
Samsung Electronics will invest 5 trillion won ($3.3 billion) over the next five years to build an ecosystem based on shared growth and to foster future talent following the conclusion of wage negotiations, the chipmaker said Wednesday.
The initiative is intended to strengthen corporate social responsibility so that gains from the semiconductor boom can spread beyond employees to society as a whole, according to the company.
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“We will further strengthen our social responsibility so that Samsung’s growth and achievements can create a virtuous cycle throughout our society,” Samsung Electronics executives announced the investment plan in a joint message on Wednesday.
