Samsung invests $4 billion in green tech

Samsung Electronics is going to spend $4 billion (2.4 billion) on going green, it announced today.

The company, known for its mobile phones and screens, plans to cut greenhouse gas emissions from its plants by 50 per cent over the next four years.

Samsung also wants to put money into research and development for eco-friendly products. The company said that it plans for its entire product line to become environmentally friendly in the future.

The move is part of the South Korean Government's plan to help the economy grow though green projects. Both LG and JPMorgan signed up to the scheme earlier this year.

Read our feature that asks if the mobile industry can go green here.

Jennifer Scott is a former freelance journalist and currently political reporter for Sky News. She has a varied writing history, having started her career at Dennis Publishing, working in various roles across its business technology titles, including ITPro. Jennifer has specialised in a number of areas over the years and has produced a wealth of content for ITPro, focusing largely on data storage, networking, cloud computing, and telecommunications.

Most recently Jennifer has turned her skills to the political sphere and broadcast journalism, where she has worked for the BBC as a political reporter, before moving to Sky News.

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