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Kospi selloff resumes, tanks nearly 4% as AI unwinding continues; Iran war uncertainty dents moodSouth Korean stocks fell sharply on Wednesday, with the benchmark KOSPI dropping up to 3.6%, as semiconductor shares resumed their decline ...
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...
US stocks today: Dow soars 800 points to hit record as Iran optimism offsets chip slump, weak jobs dataWall Street closed higher with the Dow hitting a record, lifted by easing Iran war concerns and gains in healthcare and financial stocks. H...
Nvidia salary shock: Engineers earn up to Rs 4.7 crore as AI boom creates millionaire employees; check salary structureNvidia is aggressively competing for AI talent, with top engineering roles now offering base salaries up to ₹4.7 crore. This significant co...
Amazon launches Echo Dot Max, Echo Studio with focus on ambient AI and premium audioAmazon launched the Echo Dot Max and Echo Studio in India, emphasizing premium audio and ambient AI. These devices, powered by AZ3 silicon ...
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 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...
Samsung chip employees to get average $338,000 bonus under strike dealSamsung chip workers will get big bonuses. An agreement was reached to avoid a strike. Employees in the semiconductor division will share p...
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 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...
Modi in Netherlands: One firm holds the key to India's chip ambitionPrime Minister Modi's visit to the Netherlands highlights India's critical reliance on ASML, the sole provider of advanced lithography mach...
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...
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...
Kospi Crash Explained: Why South Korea's red-hot stock market tumbled 6% after record rallySouth Korea's stock market saw a dramatic fall on Friday. This happened after a massive rally pushed valuations to extreme levels. The mark...
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 Electronics, labour union fail to reach pay deal as strike loomsSamsung Electronics and its South Korean labor union have not reached a pay agreement. This impasse follows marathon talks. A lengthy strik...