South Korea's SK Hynix to opt for Nasdaq for planned US listing, sources saySK Hynix, a leading memory chip maker, plans a US listing on Nasdaq as early as August. This move aims to boost its global investor profile...
AI fever spreads, but are markets masking economic cracks?Investors are pouring money into Artificial Intelligence, even as economic worries grow. SpaceX's massive IPO signals strong AI interest. C...
South Korea labour minister calls on tech firms to share excess AI profits with suppliers, staffIn an interview, Kim Young-hoon told Reuters that companies like Samsung Electronics that outperform profit targets should consider sharing...
Nvidia CEO mounts charm push in South Korea with TV talk show, baseball appearancesWhile a celebrity in his own right, the charm push by the Taiwan-born 63-year-old highlights South Korea's critical position in the AI land...
Samsung, LG shares rally ahead of Nvidia CEO meetings with Korean executivesSouth Korean tech giants Samsung Electronics and LG Electronics saw their shares surge on Monday. Hopes for AI and robotics collaborations ...
Samsung’s $416,000 chip worker bonuses may reshape labour battles in South KoreaSamsung Electronics has agreed to a significant bonus deal with its union, a move that could reshape wage bargaining in South Korea. Memory...
SK Hynix joins $1 trillion club after Samsung, Micron on AI chip boomSK Hynix has crossed the $1 trillion market value mark. This milestone follows similar achievements by rivals Samsung Electronics and Micro...
Samsung union says to embark on 48,000-strong strike on Thursday after impasse on bonusesSamsung Electronics workers plan a major strike on Thursday. Talks over bonus payments have stalled. This action could disrupt South Korea'...
What are Samsung union workers demanding and how might a strike play out?Samsung Electronics faces its worst-ever strike as nearly 48,000 workers threaten an 18-day walkout over bonus payouts. The union demands t...
Why Samsung shares just surged 7% to save Kospi from a tragic market meltdownSamsung Electronics shares surged sharply on Monday after the company resumed mediated wage negotiations with its largest labour union, eas...
South Korea stocks gyrate as top aide floats AI ‘dividend’South Korea is considering a 'Citizen Dividend' from AI profits. A top policymaker proposed using excess tax revenue to benefit all citizen...
At Samsung, the global AI boom spurred a looming strike and deep divisionsA major strike looms at Samsung Electronics over AI boom profits. Over 45,000 workers demand fair bonus distribution. The dispute could dis...
Kospi Crash Explained: Why South Korea's red-hot stock market tumbled 6% after record rallySouth Korea's stock market saw a dramatic fall on Friday. This happened after a massive rally pushed valuations to extreme levels. The mark...
- Samsung's South Korean union sticks to strike plan after talks offer; shares slide
Samsung's labor union remains committed to a strike despite the company's offer of unconditional pay talks, leading to a significant drop i...
South Korea official floats AI profit social tax as tech giants boomA top South Korean official has proposed a tax on AI profits to be redistributed among society as a semiconductor boom drives massive earni...
South Korea’s radical 'AI dividend' proposal: A bold future or a market nightmare?South Korea is discussing sharing the wealth generated by artificial intelligence. A government official suggested distributing AI profits,...
Samsung reaches $1 trillion valuation: What’s fuelling the AI chip surge?Samsung Electronics has crossed a $1 trillion valuation. This milestone is fueled by strong demand for AI chips. The company is a major sup...