Samsung Electronics, SHARPS, and the Family Committee Reach Agreement on Workplace Safety

On January 12, 2016, Samsung Electronics reached an agreement with the Family Committee and the Supporters for the Health And Rights of People in the Semiconductor industry (SHARPS) on the mediation proposal for workplace safety within the company’s semiconductor facilities in Korea, fully concluding negotiations. Samsung expresses our heartfelt appreciation to the Mediation Committee for its dedication to making this final settlement possible. We are grateful to the related parties for their collaborative partnership on finding a solution.

After discussions that lasted more than a year, the parties agreed to establish an independent, third-party Ombudsman Committee that will conduct a thorough inspection of Samsung’s facilities and release reports on any areas for improvement.

Samsung will faithfully implement proposed improvements from the Ombudsman Committee and remains fully committed to providing a safe and healthy working environment for our valued employees.

So far, Samsung has created a fund of KRW 100 billion for financial aid and workplace safety measures based on the recommendations of the Mediation Committee. Samsung opened its financial support program, for which more than 150 people have applied and to date, more than 100 people have accepted the company’s financial support. Along with the financial aid, every recipient has received a heartfelt message of sympathy from Samsung’s CEO.

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