Searched for
SAMSUNG ELECTRONICS STATEMENT
Samsung Electronics to advance start of chip factory in Yongin to 2029Last month, both Samsung and its South Korean rival SK Hynix announced pledges to invest hundreds of billions of dollars in expanding prod...
Kospi enters bear market! What South Korea’s finance minister said after 20% crashSouth Korea’s Kospi entered bear market territory after falling over 20% from its June peak, dragged down by a sharp selloff in semiconduct...
Global Market: South Korea steps up market monitoring as chip-driven volatility rattles stocksSouth Korean economic officials will closely monitor factors causing market volatility. Sharp swings in chip shares have unsettled investor...
Synopsys to cut chip fab manufacturing control software in shift to AI designSynopsys plans to stop offering manufacturing process control software. This move allows the company to divert resources to higher-margin A...
Key facts on South Korea's three chip and AI 'mega projects'Below is a summary of the investments and targets announced at the event and in corporate and government statements.
Swatch claiming $170 million in damages against Samsung over trademark infringement: FTSwiss watchmaker Swatch is demanding $170 million from Samsung, alleging the tech giant facilitated digital replicas of Swatch's iconic wat...
SK Hynix overtakes Samsung to become South Korea's most valuable companySK Hynix has surged past Samsung Electronics to become South Korea's most valuable company, driven by its dominance in high-bandwidth memor...
Tata's iPhone parts factory faces India health probe after farmer contamination complaintsA health probe is underway into liquid discharge from Tata's iPhone parts factory in Hosur. Farmers report skin issues and contaminated far...
South Korea concrete delivery halt threatens Samsung, SK Hynix chip plant work: ReportThe National Ready-Mixed Concrete Transport Workers' Union suspended deliveries in the Seoul metropolitan area starting on Monday, a work...
South Korea's SK Hynix eyes US listing as soon as August, sources sayThe US Securities and Exchange Commission is likely to approve SK Hynix's American depositary receipt listing application during the week...
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...
Samsung consumer electronics union asks court to block vote on pay dealA Samsung Electronics union is challenging a pay deal. The agreement offers large bonuses to chip division workers. Consumer electronics em...
Lam Research opens Austria lab to advance chip packaging, cut costsLam Research has launched a new research lab in Salzburg, Austria. This facility will focus on advanced chip packaging technology. The goal...
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'...
Samsung Elec fails to clinch deal with union, major strike to begin on ThursdaySamsung Electronics and its labour union failed to reach an agreement on bonus payments, raising the possibility of a strike by 48,000 work...
Samsung shares crash 9% as labour strike raises fears of $20 billion profit hitSamsung Electronics shares fell sharply on Friday as an escalating labour dispute and a looming 18-day strike raised fears of major disrupt...
- 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...