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.

While tech giants are driving South Korea’s stock market higher, the country’s currency is struggling and foreign investors are pulling out.

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.