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
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
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 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...
16 Apr, 2026, 02.23 PM IST
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...
18 Mar, 2026, 12.33 PM IST
Samsung announces mutual agreement to enhance wages and benefits for workersFollowing worker unrest over higher wages, improved working conditions, and formal recognition of their union, the CITU-backed Samsung Indi...
19 May, 2025, 08.35 PM IST
Samsung inks deal with workers' group at Chennai facilitySamsung India and its workers committee have agreed to address the challenges faced by employees after a strike started on September 9, 202...
08 Oct, 2024, 12.28 AM IST
Samsung signs MoA with some workers at Chennai facility; agrees to a slew of demandsThe company has also agreed to expanding the operation of air conditioned buses by next year from only five routes currently to all 108 rou...
08 Oct, 2024, 12.27 AM IST
Samsung officials hold talks with Tamil Nadu Industries Minister amid ongoing labour strikeSamsung officials met with Tamil Nadu Industries Minister TRB Rajaa to address a labour strike involving 1,100 workers demanding better pay...
06 Oct, 2024, 08.39 PM IST
Average monthly salary at Tamil Nadu unit 1.8 times higher than industry: SamsungThe local unit of South Korea's Samsung Electronics said the allegations that even after more than 10 years of service workers are earning ...
06 Oct, 2024, 12.00 AM IST
Samsung workers strike, the first in the company's historySamsung workers strike over wage disputes amid Samsung Electronics' battle to regain edge in memory chip business crucial for AI systems, c...
07 Jun, 2024, 07.00 AM IST
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 ...
21 Apr, 2023, 06.56 PM IST
Samsung cuts pay hike to average 4.1%, freezes raises for board membersSamsung Electronics has agreed to a pay raise of an average of 4.1% for workers, while also including extensions to working hours for pregn...
15 Apr, 2023, 10.49 AM IST