Samsung Electronics

Tokyo led a collapse across Asian and European equities on Monday, after weak U.S. jobs data fanned fears of a recession in the world's top economy and boosted bets on several Federal Reserve interest rate cuts.

The benchmark Nikkei 225 index plunged 12.4 percent, or 4,451.28 points, to 31,458.42, its largest points drop in history.

Members of the National Samsung Electronics Union shout slogans during a rally outside of Samsung Electronics' Hwaseong campus in Hwaseong, South Korea, Monday, July 8, 2024.

A union representing tens of thousands of workers at Samsung Electronics in South Korea said on Wednesday it would extend a three-day strike indefinitely in a bid to force management to negotiate.

Members of the National Samsung Electronics Union stage a rally as they begin a three-day general strike outside the company's foundry and semiconductor factory in Hwaseong on July 8, 2024

South Korean President Yoon Suk Yeol on Thursday announced a record $19-billion-dollar support plan for the country's crucial semiconductor industry.

More than a dozen of the world's leading artificial intelligence firms pledged at a global summit on Wednesday to develop and use their technology safely, as concern rises over the lack of safeguards for ChatGPT-style AI systems.

A South Korean court acquitted Samsung Electronics chief Lee Jae-yong on Monday of a raft of crimes linked to a controversial 2015 merger, Lee's lawyers said.

Istanbul has served as the venue for the 35th time for the Bosphorus cross-continental swimming event, which witnessed more than 2,600 competitors from more than 70 nations.

Organized by the Turkish National Olympic Committee (TMOK) and sponsored by Samsung, the Bosphorus Intercontinental Swimming Race started from Kanlıca and ended at Kuruçeşme Cemil Topuzlu Park.

Turkish people spend an average of 5.5 hours daily on their mobile phones, with Instagram being their hot favorite app as Turks lead on the list globally as top users of the platform in 2023, making a record for the second straight year, states a senior official from Samsung Electronics Türkiye.

Samsung Electronics said on July 7 it expects second-quarter operating profits to fall more than 95 percent on-year to their lowest level in 14 years, as a global glut of semiconductors continues to hurt its core memory sector.

Samsung Electronics said yesterday that its fourth-quarter operating profits plunged nearly 70 percent, the biggest drop in more than eight years, as the global economic slowdown dealt a blow to electronics and chips sales.