In an interview, Kim Young-hoon told Reuters that companies like Samsung Electronics that outperform profit targets should consider sharing excess gains with suppliers, subcontractors and their workers, after deducting taxes, given their contributions to corporate growth.

In an interview, Kim Young-hoon told Reuters that companies like Samsung Electronics that outperform profit targets should consider sharing excess gains with suppliers,…

South Korea's labor minister called on the country's major tech firms to share the spoils of their profits, warning of worsening inequality risks.

Kim Young-hoon says that companies like Samsung Electronics that outperform profit targets should consider sharing excess gains with suppliers, subcontractors and their workers

South Korea’s labour minister urged firms like Samsung to share excess AI-boom profits with suppliers and staff. The opposition called it state intervention.