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The approval is a temporary relief for the South Korean firms and follows a U.S. decision earlier this year to revoke license waivers given to some tech companies [File] | Photo Credit: REUTERS The U.S. government has granted an annual license to Samsung Electronics and SK Hynix to bring in chip manufacturing equipment to their…
Just a few months ago, Samsung Electronics Co. looked primed to benefit from the global AI boom: profits were surging and its stock was rising toward an all-time high. Now, South Korea’s biggest company has become a stark example of how quickly fortunes can turn in an industry where the spoils go to those who…
Read More “Samsung Loses Over 1/4th Of Its Value In 4 Months” »
The decision to call off the strike was taken at the conciliatory meeting. Chennai: Over a month-long indefinite strike by the employees of Samsung India Electronics Ltd at its plant near here was called off on Tuesday and the workers have decided to resume work, the Tamil Nadu government said. The state government in a…
Read More “Samsung Workers Call Off Strike, Ready To Resume Work: Tamil Nadu” »
The Samsung electronics workers have been on strike for a month. Chennai: Around 250 striking Samsung electronics workers were arrested by the Kancheepuram police today for allegedly occupying private land without permission and holding protests without permission. The workers have been on strike for a month, demanding recognition of their union, pay revision, eight-hour work…
Read More “Around 250 Protesting Samsung Electronics Workers Arrested In Tamil Nadu” »
India has overtaken the US to become the world’s second-biggest 5G handset market. (Representational) New Delhi: India has overtaken the US to become the world’s second-biggest 5G handset market for the first time, behind China, a report has mentioned. Global 5G handset shipments grew 20 per cent (year-on-year) in the first half of 2024, according…
Read More “India Becomes World’s 2nd Largest 5G Mobile Market, Surges Past US, Apple Tops: Report” »
India has overtaken the US to become the world’s second-biggest 5G handset market. (Representational) New Delhi: India has overtaken the US to become the world’s second-biggest 5G handset market for the first time, behind China, a report has mentioned. Global 5G handset shipments grew 20 per cent (year-on-year) in the first half of 2024, according…
Read More “India Becomes World’s 2nd Largest 5G Mobile Market, Surges Past US, Apple Tops: Report” »
Apple launched iPhone 15 and other devices at its Wonderlust event on Tuesday. Samsung, one of the leading manufacturers of Android phones, has taken a jibe at Apple for switching to USB Type-C from lightning port in its latest iPhones and Airpods. In a post on X (formerly Twitter), the South Korean tech giant said…
Read More “Samsung In Latest Jibe At Apple Over Port Change” »