Company Directory - Samsung Electronics Co.
Company Details - Samsung Electronics Co.
Samsung Electronics Co.
Samsung Electronics Co. is a multinational electronics company that produces a wide range of consumer electronics, including semiconductors.
CCI Score
CCI Score: Samsung Electronics Co.
-20.96
0.02%
Latest Event
Samsung Electronics America PAC Contributions to Federal Candidates
Samsung Electronics America PAC contributed $338,000 to federal candidates during the 2023-2024 election cycle, raising concerns over corporate influence in political processes.
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ACCOMPLICE
Samsung Electronics Co. is currently rated as an Accomplice.
Latest Events
- FEB062025
Samsung Electronics America PAC contributed $338,000 to federal candidates during the 2023-2024 election cycle, raising concerns over corporate influence in political processes.
-50
Political Contributions and Lobbying Efforts
March 28
The PAC contribution of $338,000 by Samsung Electronics America to federal candidates is viewed as a move to secure political influence, potentially undermining democratic accountability and enabling corporate agendas. From an anti-fascist perspective, such political spending magnifies concerns about corporate interference in democratic processes.
Samsung Electronics America PAC Contributions to Federal Candidates • OpenSecrets
- JUL092024
Reports indicate that production workers at Samsung Electronics’ semiconductor facility in South Korea launched an indefinite strike after contract talks failed to meet union demands. The union, representing over 30,000 members, demands a 5.6% wage increase, a guaranteed day off on the union’s founding day, and compensation for economic losses, while Samsung’s offer stands at 5.1%.
-60
Labor Relations and Human Rights Practices
March 28
The ongoing labor strike highlights significant discontent among Samsung Electronics’ production workers due to inadequate wage hikes and benefits. The company’s insufficient offer undermines worker rights and reflects poor labor relations, a concerning signal in an era where corporate practices are increasingly scrutinized for authoritarian tendencies.
- OCT062023
Samsung Electronics has implemented stricter board oversight for donations above 1 billion won and will publicly disclose such payments. This measure aims to boost transparency and accountability in the wake of a graft scandal affecting the conglomerate.
+70
Political Contributions and Lobbying Efforts
October 6
Samsung Electronics’ decision to require board approval and to publicly disclose donations above 1 billion won is a positive step toward curbing opaque financial support that can be used to exert undue influence. This move enhances transparency in corporate political contributions and aligns with anti-corruption and anti-authoritarian efforts.
Samsung Electronics tightens donation rules; report says two group executives offer to quit
- MAR012023
Reports indicate that 37 workers, including two teenagers in critical condition and one fatality, suffered methanol poisoning at HSTECH Vina, a second-tier supplier in Vietnam, highlighting significant oversights in safety protocols within Samsung’s supply chain.
-80
Labor Relations and Human Rights Practices
March 28
The methanol poisoning incident, which affected numerous workers and included critical cases among minors, demonstrates a blatant failure to ensure safe labor conditions, directly endangering worker wellbeing.
Samsung allegedly exposed workers to toxic chemicals, says whistleblower
-60
Supply Chain Ethics
March 28
The incident also reflects broader supply chain management issues, with Samsung’s reliance on third‐party suppliers that fail to adhere to strict safety standards, thus exacerbating worker exposure to hazardous chemicals.
Samsung allegedly exposed workers to toxic chemicals, says whistleblower
- JAN012019
Investigative reports by the Korean media outlet Hankyoreh in 2019 accused Samsung of unsustainable labour practices in its mobile phone factories in India, Indonesia, and Vietnam, highlighting issues such as worker deaths, poor wages, exploitation, and union busting.
-70
Labor Relations and Human Rights Practices
March 28
The investigative series detailed serious allegations of unsafe conditions, worker deaths, low wages, exploitation, and union busting practices, reflecting a significant disregard for labor rights and human dignity in Samsung's supply chain operations.
Samsung accused of 'unsustainable labour practices' in its supply chain; Incl. co. statement
-70
Supply Chain Ethics
March 28
The allegations indicate systemic ethical failures in Samsung's supply chain oversight, where lack of proper enforcement leads to worker exploitation and mistreatment, undermining the rights and well-being of vulnerable labor forces.
Samsung accused of 'unsustainable labour practices' in its supply chain; Incl. co. statement
- JUL012017
In 2017, Samsung’s leadership, led by Lee Jae-yong, was implicated in a bribery scandal involving large donations to organizations linked to then-president Park Geun-hye. These actions were tied to securing government support for an $8 billion merger within the Samsung conglomerate, thereby consolidating power despite limited family shareholding.
-80
Political Contributions and Lobbying Efforts
March 28
The allegations of channeling ₩43.3 billion (approx. $38 million) in bribes via donations to politically connected organizations clearly indicate corporate efforts to influence political outcomes. Such actions demonstrate an unethical blend of corporate power with political lobbying, undermining democratic norms.
-70
Executive Political Engagement
March 28
Lee Jae-yong’s role highlights executive involvement in corrupt practices to secure undue influence over government decisions. Such executive political engagement reinforces authoritarian tendencies by prioritizing corporate control over transparent and democratic governance.
- JUL102014
After allegations by China Labor Watch and an internal investigation that uncovered evidence of child labor at Dongguan Shinyang Electronics Co. Ltd., Samsung Electronics temporarily suspended business with the supplier and reiterated its zero-tolerance policy on child labor.
+80
Labor Relations and Human Rights Practices
March 28
Samsung conducted an immediate investigation following allegations of child labor and found evidence supporting the claims. The company’s decision to temporarily suspend its business with the supplier reflects a strong commitment to protecting labor rights and upholding its zero-tolerance policy on child labor, which is a positive step for human rights practices.
+70
Supply Chain Ethics
March 28
In response to the investigation findings, Samsung’s temporary suspension of business with the supplier and plans to strengthen its hiring and auditing processes demonstrate proactive supply chain ethics. The measures indicate the company’s commitment to mitigating risks associated with unethical labor practices in its supply chain.
- DEC312012
A whistleblower alleges that Samsung’s Bac Ninh factory in Vietnam chronically neglected environmental safety protocols, exposing thousands of workers to toxic chemicals through faulty air filtration systems and improper wastewater management over several years.
-70
Labor Relations and Human Rights Practices
March 28
The whistleblower’s account details long-term exposure of workers to dangerous chemicals due to neglected safety measures, such as unreplaced activated carbon filters and lack of proper wastewater treatment. This indicates a severe disregard for labor rights and worker health.
Samsung allegedly exposed workers to toxic chemicals, says whistleblower
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