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Samsung Fossil Fuel Reliance ‘an Investment Risk’ – FT

That poses “systemic risks” to its future, the newspaper said, with customers and governments increasingly demanding more sustainable supply chains


Samsung Electronics is developing a generative AI model for use on its handsets.
Samsung Electronics is developing a generative AI model for use on its handsets (Reuters file photo).

 

Samsung Electronics appears more reluctant than major peers such as Apple, TSMC and SK Hynix to commit itself to using only renewable energy and weaning itself off fossil fuels, the Financial Times reported.

That poses “systemic risks” to its future, the newspaper said, with customers and governments increasingly demanding more sustainable supply chains and 100% renewable electricity use commitments.

 

Read the full report: Financial Times

 

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.