Samsung to invest over $5b in 8 years to meet net zero emissions by 2050

Samsung to invest over $5b in 8 years to meet net zero emissions by 2050

The logo of Samsung Electronics is seen at its office building in Seoul, South Korea, August 25, 2017. REUTERS/Kim Hong-Ji

Samsung Electronics will invest over 7 trillion won ($5.02 billionby 2030 as part of sweeping environmental initiatives aimed at making the company carbon neutral by 2050, the world’s largest chip and mobile maker said on Thursday.