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Tag - samsung

 
 

SAMSUNG

Samsung reported preliminary operating income of 89.4 trillion South Korean won ($58 billion) in the three months through June, dwarfing its performance for all of 2025.
BUSINESS / Tech
Jul 7, 2026
Samsung¡¯s soaring profit fails to lift shares after AI rally
Samsung¡¯s shares have underperformed rival those of SK Hynix, which is more focused on high-end memory geared for AI¡¯s computation needs.
Choi Seung-ho, union leader at Samsung Electronics in Pyeongtaek, South Korea, in June. Cho secured a staggering windfall for semiconductor workers who were promised bonuses of roughly $400,000 this year.
BUSINESS / Companies
Jul 6, 2026
Millennial Samsung union leader¡¯s $26 billion bonus victory turns to bitterness
South Korea¡¯s artificial intelligence gold rush has both emboldened a new generation of Korean tech workers and created new divisions among them.
Officials from tech companies and South Korea¡¯s government after a public briefing on the development vision for advanced industry in Gwangju on Tuesday.
BUSINESS / Tech
Jul 1, 2026
Samsung and SK Hynix¡¯s mega South Korea chips gamble tests optimism of AI cycle
The tech giants won praise from President Lee Jae Myung after throwing their weight behind the government¡¯s semiconductor push.
Jay Y. Lee, chairman of Samsung Electronics, speaks during a news conference at the presidential Blue House in Seoul on Monday.
BUSINESS / Tech
Jun 29, 2026
South Korea taps Samsung and SK Hynix in $576 billion AI-chip drive
Flanked ?by the chiefs of the world¡¯s two biggest memory chipmakers, Lee cast the initiative as a ¡°great leap forward.¡±
An engineering graduate student demonstrates a part of the semiconductor manufacturing process at Korea University in Seoul on June 11.
BUSINESS / Companies
Jun 23, 2026
In South Korea, a job or partner at Samsung or SK Hynix is the new ¡®A+¡¯ catch
South Korean matchmaking firms say people working at the companies?are now being ranked alongside doctors, lawyers and those from other traditionally elite professions.
South Korean President Lee Jae Myung meets with Chinese leader Xi Jinping in Beijing on Jan. 5.
COMMENTARY / World / Geoeconomic Briefing
Jun 9, 2026
South Korea hit the China reset button. Or did it?
Seoul seeks balance as it hedges against the rivalry between Washington and Beijing.
A robotic arm manipulates SK Hynix wafers at a summit in Seoul on Nov. 3. SK Group Chairman Chey Tae Won projected strong demand for artificial intelligence and downplayed concerns about a spending bubble.
COMMENTARY / World
Jun 7, 2026
A trillion-dollar question for memory chipmakers
We are only in the second year of the AI boom, making it too early to know if it will outlast past cycles.
South Korea's labor minister said companies like Samsung that outperform profit targets should consider sharing excess gains with suppliers, subcontractors and their workers.
BUSINESS
Jun 5, 2026
South Korea minister calls on tech firms to share excess AI profits with suppliers and staff
The government, businesses and unions should discuss how to share ¡°excess profits¡± and narrow the gap between conglomerates and smaller suppliers, Kim Young-hoon said.
Samsung Electronics workers chant slogans during a rally ahead of a planned strike outside the company's semiconductor plant in Pyeongtaek, South Korea, on April 23.
COMMENTARY / Japan
Jun 5, 2026
Do Japan¡¯s chip workers need a Samsung-style strike?
Even as Tokyo firms prepare to award customary summer bonuses, there will be nothing on the scale that South Korean companies are offering.
Nvidia CEO Jensen Huang leaves the SK Hynix booth during the annual Computex exhibition in Taipei on Tuesday.
BUSINESS
Jun 4, 2026
Nvidia CEO mounts charm push in South Korea with TV talk show and baseball appearances
Jensen Huang is returning to South Korea with a charm offensive that reflects the country¡¯s rising importance in AI chips, robotics and the next wave of physical AI.
Samsung Electronics is the world¡¯s biggest supplier of the memory chips that go into everything from smartphones and electric vehicles to servers at artificial intelligence data centers.
BUSINESS / Companies
May 27, 2026
Samsung workers accept wage deal that averts chip plant strike
The agreement avoids what could have been a damaging strike for Samsung and the tech industry amid shortages in the memory chip sector.
Choi Seung-ho, head of the Samsung Electronics union, Yeo Myung-koo, head of the People Team under Samsung¡¯s Device Solutions division and the company¡¯s chief management negotiator, and Labor Minister Kim Young-hoon pose for photographs after reaching tentative pay deal in Suwon, South Korea, on Monday.
BUSINESS / Companies
May 21, 2026
Samsung reaches 11th-hour deal with union to avoid strike
The truce averts what could have been a damaging strike for Samsung and the tech industry.
Choi Seung-ho, head of Samsung Electronics union, speaks after a mediation session at the National Labor Relations Commission in Sejong, South Korea, on May 13.
BUSINESS / Companies
May 18, 2026
Samsung and its South Korean union resume pay talks as strike risks loom
South Korean government officials have voiced concerns that a strike could pose significant risk to economic growth, exports and financial markets.
Members of Samsung Electronics' labor union chant during a protest against the company's compensation levels, in front of a Samsung semiconductor plant in Pyeongtaek, South Korea, on April 23.
BUSINESS
May 17, 2026
Samsung and labor union to meet in ¡®last chance¡¯ to avert strike
Management and the union representatives at the world¡¯s biggest memory chipmaker will meet Monday for the talks on wages and compensation.
Samsung, whose operating profit soared 48-fold in the March quarter, is projected to surpass Apple?and Alphabet?to rank second only to Nvidia among the world¡¯s most profitable tech companies.
BUSINESS / Tech
May 12, 2026
South Korea roils market by floating ¡®citizen dividend¡¯ from AI gains
The benchmark Kospi sank as much as 5.1%, then pared losses after the influential policy adviser clarified he wanted to tap ¡°excess tax revenue¡± generated from the AI boom.
People walk past a large electronic screen showing the Samsung logo at a train station in Seoul on April 30.
BUSINESS / Tech
May 6, 2026
Samsung hits $1 trillion valuation, joining TSMC in elite club
Booming demand for chips used in artificial intelligence saw the world¡¯s largest memory maker¡¯s stock more than quadruple over the past year.
The Samsung dynasty¡¯s wealth doubled to $45 billion in just one year, making them Asia's third-richest family.
BUSINESS / Companies
Apr 29, 2026
Samsung dynasty¡¯s wealth doubles to $45 billion in just one year
Faced with crisis, speculation grew that the family might lose control of the conglomerate. Instead, they made a massive financial comeback.
A stock ticker displays market information inside the Indonesia Stock Exchange in Jakarta, Indonesia, on Jan. 20.  Indonesia, along with India and the Philippines, has seen strained trade balances and tumbling stocks as a result of higher oil prices.
BUSINESS / Tech
Apr 27, 2026
AI boom drowns out war fears to fuel Asia¡¯s great market divide
Investors are punishing economies exposed to higher energy costs while looking past near-term risks to gain exposure to industries seen as critical to future growth.
Members of the Samsung Electronics labor union hold signs reading "Change it to be transparent!" as they stage a mass rally demanding the removal of a cap on performance bonuses, outside the company's foundry and semiconductor factory in Pyeongtaek on Thursday.
BUSINESS / Companies
Apr 23, 2026
Samsung workers protest over huge pay gap with SK Hynix amid AI chip boom
Protesters, which union organizers put at 40,000, plan to strike for 18 days from May 21 if their demands are not met.
A Samsung Electronics Co. 32GB DDR5 128GB RDIMM, high-capacity DDR5 DRAM module, arranged in Seoul on April 4, 2024.
BUSINESS / Tech
Feb 25, 2026
Memory boom drives South Korean stocks¡¯ breakthrough past 6,000 level
South Korea¡¯s equity benchmark has crossed a new milestone just a month after surpassing the once-unthinkable 5,000 mark.

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