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SAMSUNG LABOUR STRIKE
In 1998, South Korea urged people to save the country from bankruptcy. Millions lined up with gold wedding rings and baby bracelets, raising $2.1 billion in just four monthsIn January 1998, millions of ordinary South Koreans voluntarily donated gold, including wedding rings and baby bracelets, to help their nat...- 'One-time opportunity': South Korea bets big on AI boomSouth Korea's chip industry is poised for a significant boost amidst soaring demand for AI components. Analysts highlight this as a crucial...
- Hyundai Motor's South Korean union approves strike action over stalled wage talksHyundai Motor's South Korean union members have voted to authorize a strike, signaling potential production halts. This action stems from u...
- 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...
- 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 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...
- Global Markets | Japan's Nikkei rallies on fresh optimism over AI, Iran peace talksJapan's Nikkei surged 3.14% on Thursday, its largest gain in two weeks, driven by renewed enthusiasm for technology stocks and easing geopo...
- 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'...
- Samsung Elec fails to clinch deal with union, major strike to begin on ThursdaySamsung Electronics and its labour union failed to reach an agreement on bonus payments, raising the possibility of a strike by 48,000 work...
- 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...
- 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...
- 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 slideSamsung's labor union remains committed to a strike despite the company's offer of unconditional pay talks, leading to a significant drop i...
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