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 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).
Operating profit for Samsung likely stood at 10.33 trillion won ($7.67 billion) in the quarter ended Sept 30
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, 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.
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.
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 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.
Infinix, a tech brand, has announced a strategic partnership with Samsung Electronics’ System LSI Business for joint optimization.
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 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).
Operating profit for Samsung likely stood at 10.33 trillion won ($7.67 billion) in the quarter ended Sept 30
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, 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.
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.
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 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.
Infinix, a tech brand, has announced a strategic partnership with Samsung Electronics’ System LSI Business for joint optimization.
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.