3 stories found
Samsung Electronics' union has suspended its strike after reaching a tentative wage deal with the company. However, a group of shareholders has vowed legal action against the agreement, raising concerns about its financial implications.
Samsung Electronics has achieved a $1 trillion market capitalization, becoming one of the few non-US companies to reach this milestone, largely fueled by the surging demand for AI chips.
SUWON, Gyeonggi Province — Samsung Electronics’ annual shareholders meeting opened to applause on Wednesday, a sharp break from last year’s tense gathering as investors returned in high spirits after the stock’s rebound, record annual revenue and a larger dividend plan. At the company’s 57th annual general meeting at Suwon Convention Center, the contrast with 2025 was evident from the start. A year ago, the room was dominated by frustration over a share price stuck in the 50,000 won ($33.65) ran