Samsung Electronics

Samsung Electronics and its union failed to reach a wage deal on May 13 despite government mediation, increasing the chance of an 18-day strike from May 21. The union demands performance bonuses equal to 15 percent of operating profit.

12 maj 2026 Rapporterad av AI

Wage negotiations between Samsung Electronics and its labor union collapsed on Wednesday, raising fears of a major strike starting May 21 involving more than 40,000 workers.

Unionized workers at Samsung Electronics have suspended wage talks with management, citing a lack of sincerity. Choi Seung-ho, head of the Samsung Electronics unit at the Samsung Group United Union, said the sides failed to agree on removing the cap on performance-based bonuses. The decision came three days after talks resumed on Tuesday.

24 mars 2026 Rapporterad av AI

Seoul stocks opened sharply higher on Wednesday amid growing optimism over Washington's moves to end the month-long war in Iran. The benchmark KOSPI rose 170.22 points, or 3.06 percent, to 5,724.14 in the first 15 minutes of trading.

Foreign investors have posted a net sale of around 9 trillion won ($6.2 billion) on South Korea's main bourse this year through last week. Analysts attribute the selling to cashing in on recent gains, particularly in chipmakers like Samsung Electronics. The benchmark KOSPI closed at an all-time high on Friday.

21 februari 2026 Rapporterad av AI

Samsung Electronics reclaimed the top position in the global dynamic random-access memory (DRAM) market during the fourth quarter of last year. According to data from industry tracker Omdia, Samsung's DRAM sales surged 40.6 percent quarter-on-quarter to $19.1 billion, capturing 36.6 percent of the market. SK hynix held 32.9 percent of the market with sales rising 25.2 percent to $17.2 billion.