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Businesskorea
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Samsung Electronics Pay Hits Record High

1+ hour, 38+ min ago  (185+ words) Businesskorea Q1 Average Compensation Climbs to 36 Million Won on Semiconductor Recovery Korea CXO Research Institute, a corporate analysis firm, released an analysis on May 19 estimating that Samsung Electronics employees" average compensation in the first quarter of this year will reach between…...

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Businesskorea
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Bonus Demanded by Samsung Union Could Fund Another Pyeongtaek Plant

1+ hour, 26+ min ago  (265+ words) According to the business community and online communities on May 19, the data converts the 45 trillion won by applying it to various future business areas such as the construction of semiconductor production lines, global mergers and acquisitions (M&A), artificial intelligence (AI)…...

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Businesskorea
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U. S. Finalizes 3. 70% Countervailing Duty on POSCO Steel

1+ hour, 55+ min ago  (455+ words) The United States government has effectively judged POSCO's industrial electricity rate system and Emissions Trading System (ETS) as a "subsidy' and has finalized the imposition of countervailing duties (CVD). Analyses suggest that the electricity rates and carbon policies applied to the…...

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Businesskorea
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Atlas Signals Work-Ready Robot for Deployment in Hyundai Motor Plant

1+ hour, 40+ min ago  (436+ words) Boston Dynamics" humanoid robot "Atlas" has lifted a refrigerator this time. Rather than merely lifting a heavy object, it naturally carried out the entire process of holding and moving an object with an uneven center of gravity, rotating its upper…...

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Businesskorea
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Kakao Affiliates Face First-Ever Strike Risk

2+ hour, 11+ min ago  (455+ words) Businesskorea Mediation failed on May 18 as wage talks collapsed across key units Kakao affiliates have entered the most severe labor-management conflict in company history, as wage negotiations between the two sides have failed to narrow the gap. Despite mediation efforts…...

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Businesskorea
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Lotte Halts Sale Talks with Affinity Equity Partners

13+ hour, 26+ min ago  (210+ words) Lotte Group said on May 18 that it would discontinue discussions with Affinity Equity Partners on the sale of its stake in Lotte Rental." Lotte Group said it had continued consultations with Affinity Equity Partners after receiving the review result from…...

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Businesskorea
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ICTK Begins Mass Supply of Security Chips

20+ hour, 32+ min ago  (204+ words) ICTK, a next-generation quantum security fabless company, is moving to expand the global device security market by beginning full-scale supply of security chips to global big tech companies. ICTK said on May 18 that a security chip project it has jointly…...

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Businesskorea
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Rivals Advance AI Push While Samsung Faces Labor Risks

18+ hour, 24+ min ago  (421+ words) While Samsung Electronics is held back by labor union risks, its competitors, such as Taiwan's TSMC and U. S. Micron, are continuing their aggressive moves to secure leadership in the artificial intelligence (AI) semiconductor market. The industry is expressing concerns that Samsung…...

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Businesskorea
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Global Bond Yields Surge, Pressuring Korean Stocks

17+ hour, 56+ min ago  (631+ words) The yield on the 10-year US Treasury note, considered the representative long-term interest rate of the United States and a barometer of the global economy, has breached the psychological resistance line of the market at 4. 5%. UK and Japanese government bond…...

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Businesskorea
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Young Poong Alleges Korea Zinc Capital Misuse

20+ hour, 48+ min ago  (367+ words) Businesskorea Says Korea Zinc Helped Repay Bonds Through Its Own Fund Allegations have been raised that Korea Zinc acquired privately placed bonds issued by an insolvent company unrelated to its core business, and then had those bonds repaid through a…...

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