Samsung workers approved pay deal as shares jumped on AI optimism
Samsung workers approved pay deal as shares jumped on AI optimism

Unionised workers at Samsung Electronics approved a controversial bonus pay deal on Wednesday, ending the threat of a prolonged strike and boosting confidence in South Koreas biggest company, reports Reuters. Two unions said 74% of the 62,616 workers who voted supported the agreement reached...

Samsung union escalates dispute with strike by 47,000 staff
Samsung union escalates dispute with strike by 47,000 staff

Samsung Electronics labour union said Wednesday it would proceed with a planned general strike starting Thursday after last-minute government-mediated negotiations failed to produce a breakthrough, according to Korea Herald, Reuters and CNBC. Union chief Choi Seung-ho said the union had accepted...

South Korea considers emergency measures to avert Samsung strike
South Korea considers emergency measures to avert Samsung strike

South Korea said on Sunday it would pursue all available measures, including emergency arbitration, to prevent a potential labor strike at Samsung Electronics, warning that disruptions at the countrys largest company could severely impact the national economy, reports Reuters. Prime Minister Kim...

TV model sued Samsung for $15 million over alleged unauthorised use of image
TV model sued Samsung for $15 million over alleged unauthorised use of image

British pop star Dua Lipa has filed a $15 million lawsuit against Samsung, alleging the electronics giant used her image on television packaging without her consent or compensation. According to the complaint, filed on Friday in the US District Court for the Central District of California,...

Samsung family pays off record $8bn inheritance tax bill
Samsung family pays off record $8bn inheritance tax bill

The family behind the South Korean corporate giant Samsung has completed its payment of a 12 trillion won (6bn; $8bn) inheritance tax bill, the largest such settlement in the countrys history, reports BBC. Chairman Lee Jae-yong and other members of the family, including his mother Hong Ra-hee...

Samsung to unveil new ‘Wide’ foldable alongside Galaxy Z Fold 8, S Pen: Report
Samsung to unveil new ‘Wide’ foldable alongside Galaxy Z Fold 8, S Pen: Report

Samsung may introduce a new Wide foldable at its July Galaxy Unpacked event this year, possibly debuting it alongside the Galaxy Z Fold 8. The South Korean electronics giant is set to host its next Galaxy Unpacked event in London, United Kingdom, on July 22, according to a report by Korea...