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
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...
19 May, 2026, 03.44 PM 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
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 ...
30 Apr, 2026, 10.26 AM IST
Seoul appeals court finds Samsung chief Lee not guilty in merger caseSamsung Electronics Chairman Jay Y. Lee was found not guilty of accounting fraud and stock manipulation by a Seoul appeals court on Monday,...
03 Feb, 2025, 02.17 PM IST
Who is the business mogul Chey Tae-won who has been ordered by court to pay whopping $1 billion divorce settlement?South Korean business tycoon Chey Tae-won will have to give 1.38 trillion won or $1bn, about 35% of his net worth to his ex-wife Roh So-you...
31 May, 2024, 10.49 PM IST
Ex-Samsung executive Choi Jinseog gets bail in industrial espionage caseProsecutors have alleged that the former executive Choi Jinseog, a South Korean chip expert, stole information formulated by the world's to...
14 Nov, 2023, 04.24 PM IST
Samsung's Jay Y. Lee receives 30-month prison term in bribery trialJay Y. Lee, 52, was convicted of bribing an associate of former President Park Geun-hye and jailed for five years in 2017. He denied wrongd...
18 Jan, 2021, 11.18 AM IST
South Korean court decision on wartime forced labourers draws rebuke from JapanIn a separate ruling, the court also ordered Mitsubishi to pay up to 150 million won to each of another five plaintiffs or their families.
29 Nov, 2018, 09.07 AM IST
- Odisha government acquires 2,100 acres of land for Posco: Status report
The company has reduced its land requirement from 4,004 acres to 2,700 acres for building 8 mtpa steel plant in the first phase.
17 Apr, 2013, 10.34 PM IST
- Samsung ordered to pay $532 million to creditors
The creditors recouped the 1.6 trillion principal in May last year when Samsung Life sold its shares in the country's largest initial publi...
11 Jan, 2011, 12.57 PM IST
- Court says ex-Samsung boss guilty over bond deal
A Seoul court ruled Friday that former Samsung Chairman Lee Kun-hee was guilty of breach of trust and handed him a suspended prison sentenc...
14 Aug, 2009, 02.59 PM IST
- Former Samsung chairman apologizes at tax evasion trial
Former Samsung boss Lee Kun-hee offered a public apology on Thursday at the first session of his trial on tax evasion and other charges.
12 Jun, 2008, 04.11 PM IST
- Microsoft drops South Korea anti-trust appeal
South Korea's anti-trust body ruled last year that Microsoft had breached anti-trust laws by bundling its Windows operating system with its...
16 Oct, 2007, 10.01 AM IST
- Court to decide Hyundai chairman's appeal next month
A ruling in Hyundai Motor Co. Chairman Chung Mong-Koo's appeal against a jail sentence for embezzlement will be handed down early next mont...
27 Aug, 2007, 02.10 PM IST
- Hyundai chief to honour cash pledge
The Hyundai Motor chief has promised to donate $1 bn to charity to avoid jail sentence for embezzlement.
22 May, 2007, 03.23 PM IST
- Former head of Daewoo Group returned to jail
Kim is the founder of Daewoo Group, which collapsed in 1999.
31 Oct, 2006, 05.40 PM IST