Samsung Electronics

Nvidia CEO Jensen Huang is expected to visit South Korea later this week and meet LG Group chairman Koo Kwang-mo and other Korean executives.

Samsung, LG shares rally ahead of Nvidia CEO meetings with Korean executives

[SEOUL] Shares in Samsung Electronics, LG Electronics and other South Korean tech firms rallied on Monday (Jun 1), as expected meetings between Nvidia CEO Jensen Huang and Korean executives boosted ho...

HBM chips have become a critical component in AI processors used for training and deploying large language models such as ChatGPT.

Samsung takes lead in shipping top-end AI memory chip samples

The company says that it has started shipping its first 12-layer HBM4E samples to major clients

TSMC has elevated its gross margin to 66% this year.

TSMC CEO pledges over 30% incentive bump as AI profits soar

This comes after days of online discourse about the company’s quarterly bonuses

With Wednesday’s rally, Samsung and SK Hynix accounted for half of the index by market capitalisation.

SK Hynix joins US$1 trillion club after Samsung, Micron on AI chip boom

[SEOUL] SK Hynix topped US$1 trillion in market value for the first time on Wednesday (May 27), joining its memory chip rivals Samsung Electronics and Micron Technology in reaching the milestone on an...

Workers are demanding a greater share of earnings as Samsung is on track to become one of the world’s most profitable firms by the end of the year.

Samsung’s non-chip union seeks court order to block vote on 40-trillion won bonus deal

The move highlights deepening compensation gaps between different divisions at the company

Some 89,000 workers will cast their ballots electronically, with the voting running until 10 am on May 27.

Samsung workers begin voting on pay deal, some non-chip employees to oppose it

Certain workers in its memory chip business will get bonuses of about US$416,000 this year

Yeo Myeong-gu (left), head of Samsung Electronics’ device solutions division's people team, and Choi Seung-ho, head of Samsung’s largest labour union, sign an agreement on a wage deal in Seoul on May 20.

Samsung shares soar as strike averted, but bonuses of US$416,000 for some stoke concern

Samsung is expected to set aside about 10.5% of operating profit for special bonuses for the chip division

A strike would have disrupted not just production but also complicated Samsung’s efforts to accelerate development of next-generation semiconductors.

Samsung union shelves strike plan on tentative deal, Yonhap says

Scheduled for May 21 to June 7, it will be suspended until further notice

Samsung faces the prospect of production delays as well as complications in accelerating the development of its next-generation semiconductors.

Samsung faces risk of chip disruption after labour talks collapse

The union is demanding that the company scrap an existing bonus cap