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MarketScreener Homepage  >  Equities  >  Korea Stock Exchange  >  Samsung Electronics Co., Ltd.    A005930   KR7005930003

SAMSUNG ELECTRONICS CO., LTD.

(A005930)
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Samsung Electronics : to Introduce 'Eco-Packaging' for Its Lifestyle TV Lineup

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04/06/2020 | 08:05am EDT

Samsung Electronics today announced it will introduce a new eco-friendly packaging across its Lifestyle TV product portfolio in efforts to reduce the environmental footprint.

Samsung's new 'eco-packaging' made from eco-friendly corrugated cardboard will be applied to The Serif, The Frame and The Sero, allowing customers easier recycling as well as upcycling of the cardboard boxes for creative reuse.

Samsung has applied a dot matrix design on each side of its eco-friendly corrugated cardboard boxes, allowing customers to cut the boxes more easily and assemble them into various other uses, such as small end tables or houses for pets.

Included within the packaging is a manual to guide customers on how to make household items out of the cardboard boxes, which can be accessed by scanning the QR code on the box.

Owners of The Serif who tend to put shelves and furniture around the TV can build cat houses, magazine racks and even shelves from the cardboard boxes to store household items and electronic devices, including the remote control.

Earlier this year, Samsung had already won CES 2020 Innovation Awards for its eco-packaging concept for promoting the efficient use of resources.

As part of the rollout of the new eco-packaging, Samsung and Dezeen, a British lifestyle magazine, will hold a global design competition starting April 6th, where the two companies will award the most unique and practical designs and will apply the designs into its eco-packaging manual.

'Consumers are more likely to purchase from a brand that shares similar fundamentals and values as they do, and with our eco-packaging, we believe that we can provide our customers with a new experience that considers the environment as an important way to express themselves,' said Kangwook Chun, Executive Vice President and Head of Product Strategy Team of Visual Display Business at Samsung Electronics.

For more information on the design competition, please visit Dezeen's website at www.dezeen.com and Samsung TV Instagram(@samsungtv).

(C) 2020 Electronic News Publishing, source ENP Newswire

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Financials (KRW)
Sales 2020 243 166 B
EBIT 2020 35 973 B
Net income 2020 27 692 B
Finance 2020 95 489 B
Yield 2020 3,19%
P/E ratio 2020 11,2x
P/E ratio 2021 7,89x
EV / Sales2020 1 288x
EV / Sales2021 1 153x
Capitalization 313 331 B
Chart SAMSUNG ELECTRONICS CO., LTD.
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Technical analysis trends SAMSUNG ELECTRONICS CO., L
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 39
Average target price 66 756,41  KRW
Last Close Price 47 000,00  KRW
Spread / Highest target 60,6%
Spread / Average Target 42,0%
Spread / Lowest Target 12,8%
EPS Revisions
Managers
NameTitle
Hyun-Suk Kim Co-President, Co-CEO & Director
Dongjin Koh Co-President, Co-CEO & Director
Kinam Kim President, Co-CEO & Director
Tae Moon Roh Co-President & Head-Research & Development
Jae-Wan Park Chairman
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