A court has concluded hearings on Samsung Electronics Co.'s request for an injunction to block a threatened strike by its unionized workers, with a decision expected before the general strike.

Samsung Electronics Co. announced plans to cancel 14.5 trillion won ($9.5 billion) worth of its treasury stocks as part of a buyback program aimed at enhancing shareholder value. This involves approximately 73.3 million common stocks and 13.6 million preferred stocks.

Samsung Electronics’ labor unions will launch a general strike in May, marking the first such action in nearly two years and only the second in the company’s history. A joint labor coalition said Wednesday it had secured the legal right to strike after 93.1 percent of participating members backed a walkout. The coalition, known as the Joint Struggle Headquarters, brings together three unions: the Samsung Group United Union Samsung Electronics Co. Union, the National Samsung Electronics Union and

Samsung Electronics Co.'s upcoming Galaxy smartphone is expected to see its first price increase since 2023, industry watchers said Wednesday, amid a global rise in memory chip prices fueled by the artificial intelligence boom. The South Korean tech giant plans to host the Galaxy Unpacked 2026 event in San Francisco on Feb. 25 under the theme "The Next AI Phone Makes Your Life Easier," where the company is widely expected to unveil the Galaxy S26, the latest in its flagship lineup. Samsung Elect

A key executive from U.S. tech giant Nvidia Corp. held meetings with counterparts from Samsung Electronics Co. and SK hynix Inc. to discuss cooperation in physical artificial intelligence.

Unionized workers at Samsung Electronics Co. met with Vice Chairman and CEO Jun Young-hyun to discuss bonuses, ahead of a planned strike in May.

Samsung Electronics Co. announced a record 37.7 trillion won ($25.6 billion) investment in research and development in 2025, aiming for an early lead in the global race for next-generation artificial intelligence chips.

Seoul shares opened higher Tuesday, led by gains in technology shares after Samsung Electronics Co. reported record earnings in the first quarter.

Samsung Life Insurance Co. announced plans to sell approximately 6.24 million shares, valued at 1.32 trillion won ($881.6 million), in Samsung Electronics Co., marking a significant divestment for the conglomerate's financial arm.

Samsung Electronics Co. said Sunday it plans to transform its domestic and overseas production facilities into factories driven by artificial intelligence (AI) by 2030 as part of its push for manufacturing innovation. The company will introduce digital twin-based simulations across the entire manufacturing process from materials warehousing to production and shipment while deploying AI agents dedicated to quality control, production and logistics to strengthen data-driven analysis and verificati