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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...- TSMC working hard to meet chip demand, would 'like' to hike pricesC.C. Wei, speaking at the company's annual shareholder meeting in the Taiwanese city of Hsinchu, said customers are still upbeat on the out...
- PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
- Anthropic approaches $1T valuation; Google ads face heatAnthropic neared a trillion-dollar valuation following fresh funding. This and more in today's ETtech Top 5.
- Global Market Today: Asian stocks climb to record on tech, oil dropsAsian stocks hit a record high, fueled by a surge in technology shares and easing geopolitical tensions. South Korea's SK Hynix reached a $...
- 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...
- South Korean shares end 8% higher as Samsung hits record on pay dealSouth Korean shares surged 8% on Thursday, led by Samsung Electronics reaching a record high after a labor deal averted a strike, easing ec...
- Waiting for your dream phone to get cheaper? That moment may never comeSmartphone prices are no longer dropping predictably. The demand for AI chips is causing component costs to surge. This means phones are la...
- 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'...
- 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...
- Samsung's South Korean union sticks to strike plan after talks offer; shares slideSamsung's labor union remains committed to a strike despite the company's offer of unconditional pay talks, leading to a significant drop i...
- US stocks today: Datadog raises annual forecast on strong cloud security demand, shares jump 36%Cloud security firm Datadog has boosted its annual forecast. The company surpassed Wall Street expectations for its first quarter. This sur...
- Datadog raises annual forecast on strong cloud security demand; shares up 29%Cloud security firm Datadog has boosted its annual forecast. The company surpassed Wall Street expectations for its first quarter. Strong d...
- Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.
- Samsung hits $1 trillion valuation, joins TSMC’s elite club as AI chip boom powers record rallySamsung Electronics has achieved a $1 trillion market valuation, driven by soaring demand for AI chips. The memory giant's stock has quadru...
- Samsung's chip profit posts almost 50-fold growth but supply worries cloud 2027 outlookSamsung Electronics achieved record profits, fueled by a massive surge in chip income. The company anticipates a severe chip shortage next ...
- Samsung chip profit jumps almost 50-fold; supply shortage to worsen in 2027Samsung Electronics posted a record quarterly profit on Thursday, driven by strong sales of chips crucial for artificial intelligence. Sout...
- Apple's clever trick may shield iPhone 18 customers from price hikeAmid rising component costs and memory price hikes, Apple is reportedly absorbing higher expenses for the upcoming iPhone 18 series to keep...
- TV industry bracing for decline in sales on rising production costs amid Israel-Iran warThe Indian TV market is experiencing rising costs and a potential dip in sales. Manufacturers are seeing consumers opt for smaller screen s...
- Samsung's unionised workers to bring wage dispute to arbitration panelThe unionised workers, which accounted for around 7.4% of the total 121,000 workers, have engaged in wage negotiations with the management ...
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