As AI industries expand, economic cycles are likely to fluctuate more rapidly, while the winner-takes-all nature of the technology sector may concentrate enormous profits in a small number of companies.

Samsung Electronics is still feeling the aftershocks of its labor dispute, with tensions resurfacing as union members vote on a tentative wage agre...

Samsung Electronics is still feeling the aftershocks of its labor dispute, with tensions resurfacing as union members vote on a tentative wage agre...

Samsung union members on Wednesday signed a deal securing massive annual bonuses – averting a major strike in South Korea where Samsung Electronics alone accounts for around 12.5…

The Korean giant is set to become one of the world’s most profitable firms. Its semiconductor arm posted a 48-fold jump in profit for the March quarter.

Amid booming demand for AI chips, the government-backed deal will make more than 60% of the South Korean tech giant's workforce eligible for bonuses of about $370,000 this year.

Samsung Electronics union members on Wednesday approved a deal with management securing massive annual bonuses, averting a major strike as the South Korean chip giant's profits…

Special payments unlikely to spread beyond South Korea's AI boom-fed chip sector

Thousands of workers eligible for B12 million each from huge AI profits

South Korean technology giant Samsung has had a record year.

As AI industries expand, economic cycles are likely to fluctuate more rapidly, while the winner-takes-all nature of the technology sector may concentrate enormous profits in a…

Critics, therefore, argue it is not unreasonable to see the revised law as creating conditions for the moral hazard displayed during Samsung’s labor dispute. The government itself…

As AI industries expand, economic cycles are likely to fluctuate more rapidly, while the winner-takes-all nature of the technology sector may concentrate enormous profits in a…

Critics, therefore, argue it is not unreasonable to see the revised law as creating conditions for the moral hazard displayed during Samsung’s labor dispute. The government itself…

Companies reaping massive profits from AI must not shirk their responsibility for the employment shocks resulting from the adoption of the new technology

If these trends continue, sustaining industrial competitiveness, economic growth and job creation for young people may become increasingly difficult.