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
Samsung workers approve pay deal, shares surgeSamsung Electronics unionized workers have approved a bonus pay deal, averting an 18-day strike. The agreement, however, creates significan...
27 May, 2026, 08.30 AM IST
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...
26 May, 2026, 07.57 PM 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 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...
21 May, 2026, 06.43 PM IST
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'...
20 May, 2026, 02.06 PM 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
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...
19 May, 2026, 09.24 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
Samsung Electronics union threatens to walk out of pay talks if no mediation proposalSamsung Electronics' labour union in South Korea is threatening to halt pay negotiations. The union demands a larger share of operating pro...
12 May, 2026, 03.55 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
Samsung, labour union make last push to avert strike before May 21Samsung Electronics and its labour union are in crucial talks this week. A planned strike on May 21 threatens operations at the world's lar...
11 May, 2026, 02.04 PM IST
Samsung Electronics' board chairman urges union to resolve pay disputesIn an internal memo to employees on Tuesday, Shin Je-yoon said he was "worried about losing market leadership amid fleeing customers and f...
05 May, 2026, 01.40 PM IST