• Samsung Electronics union threatens walkout after near-unanimous strike vote Samsung Electronics union threatens walkout after near-unanimous strike vote SEOUL, March 18 (AJP) - More than 60,000 employees out of 89,874 union members at Samsung Electronics have voted to go on a general strike in May if their demands for fair and transparent compensation during the chip boom are not met, posing a potential headwind to the chipmaker’s AI-driven upswing. The joint union coalition announced Wednesday that 93.1 percent of participating members voted in favo
  • GULF CRISIS: Iran war gives Kim Jong-un more reason to cling to nuclear arms GULF CRISIS: Iran war gives Kim Jong-un more reason to cling to nuclear arms SEOUL, March 18 (AJP) - The war in Iran — marked by the killing of top leaders and relentless airstrikes since the United States launched Operation Epic Fury on Feb. 28 — will be watched closely by one man in particular: North Korean leader Kim Jong-un. Among the states once grouped by President George W. Bush in the “axis of evil,” only one regime remains intact: Pyongyang. 
  • Samsung Elec AGM turns euphoric despite unions party-crashing strike news Samsung Elec AGM turns euphoric despite union's party-crashing strike news SUWON, March 18 (AJP) - Samsung Electronics’ annual general meeting struck an unusually buoyant tone Wednesday as a surging share price and AI-driven optimism lifted investor sentiment — even as a looming union strike cast a shadow over the outlook. More than 1,000 shareholders gathered at the Suwon Convention Center with little to complain about. The stock has nearly quadrupled from a year
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