A group of Samsung Electronics shareholders has threatened legal action against a tentative agreement between the South Korean tech giant and its largest labour union, escalating tensions over a deal that helped avert a major strike. The agreement, reached late Wednesday, includes revised wage increases and a new bonus structure for employees, with parts of […]
Semiconductor industry
Samsung faces strike threat amid AI bonus dispute
A major labour dispute is brewing at Samsung Electronics, as more than 45,000 workers prepare for what could become the largest strike in the company’s history over disagreements related to bonus payouts linked to the global AI boom. The planned 18-day strike is scheduled to begin on May 21 and has raised concerns among South […]
Trump blocks HieFo acquisition of Emcore assets on national security grounds
WASHINGTON: US President Donald Trump has blocked a proposed acquisition involving photonics firm HieFo Corp, citing national security and China-related concerns. The decision halts HieFo’s planned purchase of assets belonging to New Jersey-based aerospace and defence specialist Emcore. In an order released by the White House on Friday, President Trump said HieFo was “controlled by […]
Samsung gains momentum as HBM4 chips win customer approval
Samsung Electronics has signalled a renewed push in the global semiconductor race after its next-generation high-bandwidth memory chips, known as HBM4, received strong positive feedback from customers. The development was highlighted by Samsung’s co-CEO and head of its chip business, Jun Young-hyun, in his New Year address. Read More: Samsung Launches Galaxy Z TriFold Phone Jun […]
Nvidia H200 chip sales to China draw U.S. security concerns
Nvidia proposed sales of its advanced H200 artificial intelligence chips to China have come under renewed scrutiny in the United States. The review follows a recent decision by President Donald Trump to allow the sales, triggering debate over national security and technological dominance. Read More: Trump reverses Nvidia chip ban for China under revenue-sharing deal Trump approved […]
EU, China agree to continue export control talks
BRUSSELS – The European Union and China agreed on Saturday to continue discussions on export control policies. EU Trade Commissioner Maros Sefcovic spoke after the meeting. Officials met in Brussels to ease trade tensions, particularly over China’s rare earth export restrictions, which are crucial for technology industries worldwide. The talks focused on China’s recent controls […]