China luxury market trends: Why consumers are shifting to frugal and online shoppingWhen Beijinger Jacqueline Li first heard one of her favourite luxury department stores in the city was closing, she was shocked -- until sh...
27 May, 2026, 12.08 PM IST
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...
27 May, 2026, 10.08 AM IST
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...
27 May, 2026, 09.24 AM IST
Samsung union to start vote on tentative wage dealSamsung labour union members will vote on a tentative wage deal this week. This agreement averted a major strike at the South Korean chip g...
22 May, 2026, 08.52 AM IST
Samsung Electronics' shares jump after tentative wage deal suspends strikeSamsung Electronics' shares surged over 6% after the tech giant and its union reached a tentative pay deal, averting a potential strike. Th...
21 May, 2026, 08.10 AM IST
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...
18 May, 2026, 12.28 PM IST
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...
16 May, 2026, 01.11 PM IST
18 days. That's all it takes for a Samsung strike to crash the global AI chip market, and the whole world is holding its breathSamsung strike to crash the global AI chip market: The Samsung strike threatens global AI chip supply chains as 45,000 workers plan an 18-d...
15 May, 2026, 10.11 PM IST
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...
15 May, 2026, 07.50 PM IST
Bloodbath on K-Street! South Korea's Kospi crashes 6% after world-beating rally to 8,000South Korea’s Kospi saw a violent reversal after briefly topping 8,000, crashing over 6% as tech stocks plunged and foreign investors dumpe...
15 May, 2026, 04.19 PM IST
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...
15 May, 2026, 01.20 PM IST
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,...
12 May, 2026, 11.43 AM IST
Congress slams Narendra Modi govt as ' anti-worker', calls for review of new Labour codeThe Congress has slammed the Modi government, labeling it 'anti-worker' and demanding a review of new labor codes. Citing rising unemployme...
01 May, 2026, 03.19 PM IST
- Google to build AI campus in South Korea, presidential office says
South Korea and Google are set to build a new artificial intelligence campus in Seoul. This collaboration aims to foster cooperation betwee...
27 Apr, 2026, 05.24 PM IST
Samsung's chip output dropped amid workers' rally, union saysProduction of foundry and memory chips at Samsung Electronics's facilities in South Korea dropped 58% and 18%, respectively, during the ...
24 Apr, 2026, 04.05 PM IST
Samsung asks court to block illegal strike activities by unionsSamsung Electronics has asked a court to block planned union strike activities, which unions have decried as a "declaration of war." Worker...
16 Apr, 2026, 02.23 PM IST
Samsung Electronics says it reaches preliminary wage deal with unionUnion members will vote on the deal for one week starting on Thursday, it said.
14 Nov, 2024, 03.58 PM IST