Samsung

Samsung India employee strike continues into second month

More than 1,000 workers at the Samsung Electronics factory in southern India have continued their strike into its second month, rejecting a recent settlement offer from the company. The workers, stationed at a facility near Chennai in Tamil Nadu, are demanding higher wages and official recognition of their union, as per a recent report by Reuters.

Samsung apologises for delayed AI chip production

Samsung Electronics has issued an apology to its investors after revealing worse-than-expected revenue and profit forecasts, according to a recent report by Bloomberg News. The company acknowledged that it is struggling to maintain its technological competitiveness, especially in the fast-growing field of artificial intelligence (AI).

Samsung's profit recovery seen weakening in Q3

Operating profit for Samsung likely stood at 10.33 trillion won ($7.67 billion) in the quarter ended Sept 30

Samsung says planning job cuts in some Asian operations

The world's largest memory chipmaker is modifying staffing levels in Southeast Asia, Australia, and New Zealand, a company spokesman told AFP, adding that "the adjustments include job cuts"

Epic Games to take legal action against Google and Samsung for unfair competition

Epic Games, the creator of the popular game "Fortnite," has announced plans to file a lawsuit against tech giants Google and Samsung, alleging conspiracy to restrain competition in the app market.

Samsung India strike highlights labour movement's growing influence

A strike at Samsung's Sriperumbudur plant in Tamil Nadu has brought attention to India's powerful labour group, the Centre of Indian Trade Unions (CITU), which is backing the protests and signalling its intent to expand its influence in the electronics manufacturing sector.

India accuses Samsung, Xiaomi of colluding with Amazon, Flipkart

Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart's Flipkart to exclusively launch products on the e-commerce firms' Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters.

Samsung Electronics to fire 30% of overseas employees: report 

Samsung Electronics Co., Ltd. is planning on letting go of up to 30% of its employees working overseas at specific divisions, according to a recent report by Reuters.

Press Release / Infinix teams up with Samsung for AI camera tech

Infinix, a tech brand, has announced a strategic partnership with Samsung Electronics’ System LSI Business for joint optimization.

October 10, 2024
October 10, 2024

Samsung India employee strike continues into second month

More than 1,000 workers at the Samsung Electronics factory in southern India have continued their strike into its second month, rejecting a recent settlement offer from the company. The workers, stationed at a facility near Chennai in Tamil Nadu, are demanding higher wages and official recognition of their union, as per a recent report by Reuters.

October 8, 2024
October 8, 2024

Samsung apologises for delayed AI chip production

Samsung Electronics has issued an apology to its investors after revealing worse-than-expected revenue and profit forecasts, according to a recent report by Bloomberg News. The company acknowledged that it is struggling to maintain its technological competitiveness, especially in the fast-growing field of artificial intelligence (AI).

October 7, 2024
October 7, 2024

Samsung's profit recovery seen weakening in Q3

Operating profit for Samsung likely stood at 10.33 trillion won ($7.67 billion) in the quarter ended Sept 30

October 3, 2024
October 3, 2024

Samsung says planning job cuts in some Asian operations

The world's largest memory chipmaker is modifying staffing levels in Southeast Asia, Australia, and New Zealand, a company spokesman told AFP, adding that "the adjustments include job cuts"

September 30, 2024
September 30, 2024

Epic Games to take legal action against Google and Samsung for unfair competition

Epic Games, the creator of the popular game "Fortnite," has announced plans to file a lawsuit against tech giants Google and Samsung, alleging conspiracy to restrain competition in the app market.

September 15, 2024
September 15, 2024

Samsung India strike highlights labour movement's growing influence

A strike at Samsung's Sriperumbudur plant in Tamil Nadu has brought attention to India's powerful labour group, the Centre of Indian Trade Unions (CITU), which is backing the protests and signalling its intent to expand its influence in the electronics manufacturing sector.

September 15, 2024
September 15, 2024

India accuses Samsung, Xiaomi of colluding with Amazon, Flipkart

Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart's Flipkart to exclusively launch products on the e-commerce firms' Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters.

September 11, 2024
September 11, 2024

Samsung Electronics to fire 30% of overseas employees: report 

Samsung Electronics Co., Ltd. is planning on letting go of up to 30% of its employees working overseas at specific divisions, according to a recent report by Reuters.

August 30, 2024
August 30, 2024

Infinix teams up with Samsung for AI camera tech

Infinix, a tech brand, has announced a strategic partnership with Samsung Electronics’ System LSI Business for joint optimization.

August 8, 2024
August 8, 2024

North Korea Olympians not given Samsung phones: IOC

North Korean Olympians have not received Samsung smartphones, unlike athletes from other countries, the IOC told AFP on Thursday, hours after Seoul suggested that providing them the phones could violate UN sanctions against the nuclear-armed North.