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SOUTH KOREAN UNION
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 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...
Piyush Goyal says India to remain world's fastest-growing economy for next two decadesUnion Commerce and Industry Minister Piyush Goyal on Thursday said India will continue to be the world's fastest-growing economy for the ne...
Samsung minority union challenges bonus deal in courtA labour union representing several thousand Samsung Electronics employees asked a court on Tuesday to nullify a bonus agreement between th...
Minority union at Samsung Electronics to challenge pay deal in courtA labor union at Samsung Electronics plans to challenge a pay deal in court. The deal offers significant bonuses to workers in the profitab...
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...
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...
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...
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...
Nods for Rs 30,000 crore shipbuilding cluster in Andhra Pradesh this month: Minister SonowalIndia plans a major shipbuilding cluster in Andhra Pradesh with ₹30,000 crore investment. This move aims to boost the Indian fleet size. Pr...
Global Market Today: Asian stocks rise on Iran optimism, Nvidia slipsAsian equities surged, mirroring Wall Street's gains as optimism surrounding US-Iran talks eased Middle East tensions. Crude oil and bond y...
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'...
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...
Samsung, labour union meet again as Seoul threatens to intervene to block strikeSamsung Electronics and its labor union are in crucial government-led talks. The aim is to resolve a dispute over pay and bonuses. A strike...
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...
Samsung Electronics and its South Korean union resume pay talks as strike risks loomSamsung Electronics and its South Korean labour union will resume government-mediated pay talks on Monday in an effort to avoid a strike pl...
South Korea says it will pursue all options to avoid Samsung strikeSouth Korea's prime minister stated the government will explore all options, including emergency arbitration, to prevent a strike at Samsun...
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...