Digital
Why OpenAI is hiring 100 ex-bankers: Inside the ChatGPT-maker's secret project to automate Wall Street's grunt work
Samsung labour union kicks off 'indefinite strike', demanding better pay in Seoul
Samsung union said, 'We have identified line production disruptions and the company will regret this decision'
Samsung Electronics' union has declared an indefinite strike, demanding better pay
The labour union of Samsung Electronics has declared an indefinite strike, demanding better pay. The labour union of more than 28,000 workers is likely to impact the impact the production of the world's largest maker of memory chips.
According to Bloomberg news agency, thousands of workers rallied on Monday outside the chip-making complexes of Samsung in Seoul, South Korea. It is the largest "organised" labour action in South Korea's biggest company in half-century history.
The union told Bloomberg news agency, "We have identified line production disruptions and the company will regret this decision".
The union added that the management will eventually relent and come to the negotiating table.
According to a Bloomberg report, most of the production of Samsung is automated but the company cannot afford any manufacturing snarls as it is trying to convince Nvidia Corp to use its high-bandwidth memory. The strike also coincides with Samsung’s biggest product launch of the year in Paris, where it’s expected to unveil new foldable phones and watches with AI and novel health tracking features, the agency added.
SPOTLIGHT
From purpose-driven work and narrative-rich brand films to AI-enabled ideas and creator-led collaborations, the awards reflect the full spectrum of modern creativity.
Read More“Two drunks leaning on a lamppost”: Sir Martin Sorrell on the Omnicom–IPG merger and the turbulence ahead
In a wide-ranging interview with Storyboard18, Sorrell delivers his frankest assessment yet of how the deal will redefine creativity, media, and talent across markets.