Samsung Electronics

TN govt urges workers to resume work as Samsung accepts most of the demands

The Tamil Nadu government on Wednesday said Samsung India Electronics has accepted most of the demands of workers, who commenced strike on September 9, and reiterated its request that employees resume work immediately. In a related development, on Tuesday night, some participants/those related to the strike were arrested by police and were later released 'on their own bond' by a magistrate. A key demand of the Samsung workers, registration of their union, backed by the CPI(M) affiliated Centre of Indian Trade Unions (CITU), is, however, yet to be accepted by the authorities. Deputy Chief Minister Udhayanidhi Stalin said Samsung, a multinational, has its own rules. The only bone of contention is registration of the workers union. "Samsung says that they will not accept a Union which has a political affiliation. This is their stand. Currently, discussions are going on," he told reporters. According to Finance Minister Thangam Thennarasu, the matter is in the court right now in view o

Samsung India workers reject settlement offer, strike enters second month

Samsung this week made a proposal to provide a monthly incentive of Rs 5,000 ($60) until March, more air conditioned buses, a diversified cafeteria menu and a gift card of $24 in case of a child birth

Samsung apologises for disappointing profit as it struggles in AI chips

Samsung's late response to the AI chip market increases its reliance on traditional, lower-margin chips, making it more vulnerable to competition from China and slowing demand for smartphones and PCs

Samsung set to report four-fold jump in profit, recovery pace slows in Q3

The South Korean company has been scrambling to catch up with smaller rivals SK Hynix and Micron

28 days on, no end in sight to strike at Samsung's Sriperumbudur plant

Sources aware of the talks among the state government, employees, and the company blame Citu, which is leading the protests, for the impasse

Chennai police detains 900 workers, union members as Samsung strikes go on

More than 1,000 workers have disrupted production and protested close to the factory since September 9

Samsung Fab Grab Fest sale: Check deals and offers on phones, tablets, more

In Samsung Fab Grab Fest, customers can receive up to 53 per cent off on select Galaxy smartphones and up to 74 per cent off on Galaxy tablets and wearables

Samsung invests $1.8 bn more in Vietnam for OLED manufacturing plant

Vietnam has over the last decade emerged as one of the most attractive production hubs for electronics companies

Samsung Electronics workers to continue strike after talks end without deal

Appliances including televisions, refrigerators and washing machines are made at the plant, which contributes 20 per cent to 30 per cent of Samsung Electronics' annual revenue of $12 billion in India

Tamil Nadu labour minister to meet Samsung officials to resolve strike

Appliances such as televisions, refrigerators and washing machines are made at the plant, which contributes 20% to 30% of Samsung's annual revenue of $12 billion in India

Samsung plans global job cuts of up to 30% in some divisions: Report

South Korea-based Samsung has instructed subsidiaries worldwide to reduce sales and marketing staff by about 15 per cent and the administrative staff by up to 30 per cent

Workers' strike at Samsung India plant enters Day 2, production affected

They put up tents outside the factory in Sriperumbudur near the city of Chennai as they prepared to boycott work

Workers at Samsung Electronics plant begin strike, production hit

The strike comes after Samsung Electronics' biggest union in South Korea held a four-day strike in August demanding higher wages and bonuses after talks with management fell through

Samsung Crystal 4K Dynamic TV launched with 4K Upscaling, AirSlim Design

Samsung Crystal 4K Dynamic TV is available in 43-inch and 55-inch screen sizes, and priced at Rs 41,990 onwards

Samsung Electronics' main SK union to strike over pay from Thursday

Lee Hyun-kuk, vice president of the National Samsung Electronics Union (NSEU), said in a live YouTube broadcast: "This strike is strategically designed to damage the company."

Why are India's consumer durable makers locked in intense warranty war?

Brands are offering warranties on washing machines and dishwasher motors for up to 20 years, which are being marketed as 'lifetime' guarantees

Samsung chips boss Young-hyun warns of vicious cycle unless changes made

The executive's communique reflects frustration over Samsung's missteps in the hot new market of supplying memory chips for Nvidia Corp

India is one of the fastest growing markets globally: Samsung CEO Han

During his second visit to India this year, Jong-Hee (JH) Han said the Noida factory has emerged as one of our biggest facilities, which is manufacturing not only for India but also for the world

Samsung views India as one of fastest-growing markets with huge potential

India is one of the rapidly growing markets globally, and South Korean tech firm Samsung sees huge growth potential in the country, a senior company executive has said. Jong-Hee (JH) Han, Vice Chairman, CEO and Head of the Device eXperience (DX) Division at Samsung Electronics visited the company's Noida factory on Monday. "India is one of the biggest and fastest-growing markets globally and offers a huge opportunity for Samsung. We were among the first companies to invest in India, and I am happy that the Noida factory has emerged as one of our biggest facilities, manufacturing not only for India, but for the world," he said. The company manufactures smartphones, tablets and refrigerators at its facility, for both domestic and global markets. Besides its Noida facility, the company has a manufacturing plant in Sriperumbudur, Tamil Nadu. Han lauded the contributions that Samsung's India-based R&D teams are making in the development of new products and services for the ...

Nvidia clears Samsung's HBM3 chips for use in processors for 1st time

It was not immediately clear if Nvidia would use Samsung's HBM3 chips in its other AI processors or if the chips would have to pass additional tests