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SAMSUNG WAGE DISPUTE
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...
- 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 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...
- 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...
- 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 asks court to block illegal strike activities by unionsSamsung Electronics has asked a court to block planned union strike activities, which unions have decried as a "declaration of war." Worker...
- Samsung's unionised workers in South Korea approve strike planSamsung Electronics workers in South Korea have voted to authorise a strike. This move deepens a labor dispute over bonuses. The union plan...
- Samsung strike plan risks chip supply disruption, says union chiefSamsung Electronics' biggest union is threatening to halt chip production. Workers are voting on a strike planned for May. This could impac...
- Samsung to invest $117 million in southern Indian facility, minister saysSamsung Electronics will invest ₹10 billion ($117 million) in its southern India plant despite recent labor unrest. Following strikes and p...
- Samsung to invest $117 million in Chennai facility, minister saysSamsung Electronics will invest 10 billion rupees in its southern India facility, despite recent labor disputes including strikes over wage...
- Samsung Electronics, union in South Korea agree 5.1% wage increaseMembers of the National Samsung Electronics Union (NSEU), whose roughly 36,000 members make up about 30% of the company's South Korean work...
- Indian state officials seek to solve worker dispute at Samsung plantState officials will mediate to resolve a nine-day labour dispute involving 500 workers at a Samsung factory in Tamil Nadu over the suspens...
- About 500 Samsung India factory workers hold sit-in protest in latest dispute, sources sayIn less than six months, it was the second significant labour dispute at the Sriperumbudur plant near Chennai, which makes refrigerators, t...
- About 500 Samsung India factory workers hold sit-in in latest dispute, sources sayAround 500 workers at Samsung's plant in Sriperumbudur are protesting the suspension of three employees by holding a sit-in, while the comp...
- Samsung defends its wage policy even as strike at Tamil Nadu plant enters third weekSamsung Electronics workers in Tamil Nadu are on strike demanding higher wages and union recognition. The company states its workers earn n...
- 'No work, no pay,' Samsung warns striking Indian workers as row escalatesSamsung Electronics has warned striking workers in southern India that they will not receive wages and face termination if protests continu...
- Police arrest 100 Samsung workers and union leaders for unpermitted protest amid labour disputesThe arrests come amid ongoing labor disputes at the company, highlighting escalating tensions between the workers and management.
- Samsung's unionised workers to bring wage dispute to arbitration panelThe unionised workers, which accounted for around 7.4% of the total 121,000 workers, have engaged in wage negotiations with the management ...
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