Tag: technology industry

TSMC Increases Employee Bonuses by Over 30% Following Workforce Unrest

TSMC has raised employee bonuses by more than 30% amid labor tensions, ahead of union negotiations seen at Samsung Electronics.

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Samsung Union Approves New Bonus System with 74% Support Amid Strike Concerns

Samsung’s largest union ratified a revised bonus structure, securing 74% approval and averting a major strike among non-chip production staff.

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Samsung Chip Division Workers Secure Large Bonuses, Sparking Discontent Among Other Employees

Samsung chip manufacturing staff earned sizable bonuses, leading to dissatisfaction among workers in other company sectors.

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Chinese Chip Foundries Raise Service Prices Amid AI-Driven Semiconductor Demand

Chinese semiconductor contract manufacturers are increasing service fees to capitalize on rising demand fueled by the AI boom.

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AI Boom Drives SSD and Memory Module Makers Deep into Debt Amid Supply Challenges

Rapid AI growth strains SSD and memory module producers, forcing them into significant debt to maintain inventory amid rising prices and shortages.

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South Korean Court Limits Samsung Workers’ Strike Amid Pay Dispute

A South Korean court has restricted Samsung workers’ strike actions over pay, allowing only limited protests ahead of a planned large-scale demonstration.

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South Korean Government Moves to Prevent Samsung Electronics Strike

South Korea is deploying emergency arbitration measures to avert a potential strike by Samsung Electronics workers.

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Elon Musk and OpenAI CEO Sam Altman Face Off in High-Profile Legal Battle

A legal dispute between Elon Musk and Sam Altman over OpenAI’s future has exposed internal tensions and leadership struggles within the AI powerhouse.

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Conflict Between Samsung Management and Workers’ Union Escalates as Strike Threat Looms

Mediation efforts failed to ease tensions between Samsung leadership and its workers’ union, intensifying the threat of a company-wide strike.

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Canon Shuts Down Second Laser Printer Factory Amidst Market Pressures

Canon closes another laser printer manufacturing plant, citing declining paper usage and rising competition from Chinese firms.

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Samsung Leadership Urges Union to Avoid Strike Amid Bonus Pay Dispute

Samsung management appeals to union members to prevent an 18-day strike over bonus pay demands this month.

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Western Digital Reports 45% Revenue Surge Amid AI Infrastructure Boom

Western Digital’s revenue climbed 45% to $3.34 billion, driven by strong demand for storage amid expanding AI computing infrastructure.

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