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...
05 Jun, 2026, 08.05 AM 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 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
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...
21 May, 2026, 06.34 AM 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
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
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...
18 May, 2026, 06.31 AM IST
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...
17 May, 2026, 04.28 PM IST
Bloodbath on K-Street! South Korea's Kospi crashes 6% after world-beating rally to 8,000South Korea’s Kospi saw a violent reversal after briefly topping 8,000, crashing over 6% as tech stocks plunged and foreign investors dumpe...
15 May, 2026, 04.19 PM IST
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...
15 May, 2026, 01.20 PM IST
- 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...
15 May, 2026, 09.42 AM IST
Samsung Electronics urges union to resume talks as strike threat loomsSamsung's labour union has rejected a call to resume pay talks, demanding transparency in the company's bonus scheme. A threatened 18-day s...
14 May, 2026, 09.36 AM IST
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...
13 May, 2026, 12.51 AM 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
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