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SAMSUNG TAX CHALLENGE
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...- 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...
- Trump moves to block wider tariff refunds, appeals order covering all importersIn a landmark Supreme Court ruling, businesses are cashing in on refunds for import tariffs. Yet, the Trump administration intends to chall...
- Byju gets jail term; SC backs 28% gaming GSTLegal troubles compounded for Byju Raveendran as a Singapore court sentenced him to six months in jail. This and more in today’s ETtech Top...
- 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.
- Supreme Court of India seeks replies on 28% IGST plea on phone batteriesThe Supreme Court is examining a customs department appeal. It seeks higher taxes on imported lithium-ion batteries for mobile phones. Manu...
- Samsung India executives seek to quash $81 million penalty over tax evasionSeven Samsung India executives are contesting penalties linked to a $601 million tax demand. They argue against the severity of the alleged...
- Samsung moves CESTAT, challenges $500 mn penaltySamsung India is contesting a penalty exceeding $500 million imposed by Indian customs authorities at the Customs Excise & Service Tax Appe...
- Samsung fights $520 million India tax demand, points to Reliance practiceSamsung is contesting a substantial tax demand in India. The company is accused of misclassifying imported networking equipment. Samsung ar...
- Samsung, LG sue Indian government over electronic-waste pricing policySouth Korea's LG and Samsung have filed lawsuits against India’s government over new e-waste rules that raise payouts to recyclers. They ar...
- What Samsung and Vietnam stand to lose in Trump's tariff warSamsung, a major investor in Vietnam, faces potential setbacks due to possible U.S. tariffs, threatening its manufacturing hub status. With...
- India hunts for back taxes as world grapples with tariffsPresident Trump plans new tariffs on cars, aluminum, and pharmaceuticals. India pursues foreign companies like Samsung and Volkswagen for b...
- India slaps Samsung with tax demand of $601 million for telecom importsIndia has ordered Samsung to pay $601 million in back taxes and penalties for evading tariffs on telecom equipment imports. The company mis...
- South Korea to pass own ‘Chips Act’ to boost its semiconductor industry amid US-China frictionThe parliament of South Korea is expected to approve a bill on Thursday to give boost to its semiconductor industry.
- Samsung is losing to Chinese tech giants in India, can it bounce back?Samsung is facing brutal competition in most mass-market segments, losing valuable market share in India.
- Worldwide smartphone sales grew 9.7% in Q4 2015; iPhone declinesSales of iPhone declined for the first time in fourth quarter of 2015, even as global smartphone sales exhibited slowest growth since 2008.
- Samsung’s first family struggles to keep grip on companyThe Lees have held sway over the group’s 74 companies through a web of share holdings.
- Ingram Micro drags taxman to court over cross-border dealIngram Micro, has filed a writ petition in the Bombay High Court challenging an order by the tax authorities seeking to tax a 2004 transact...
- Nokia has been good tax-paying citizen: CEOThe income tax department had in March issued the massive tax demand on the Indian unit of the mobile phone maker.
- Samsung sees record 2010 sales, operating profitSamsung Electronics forecast Friday that both sales and operating profit rose to record highs in 2010 despite sluggishness at the end of th...
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