May 15, 2026

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Latest May 15, 2026

Samsung Semiconductor Chief Warns Executives Against Complacency as Major Union Strike Looms

Key Points: Semiconductor chief Jun Young-hyun ordered Samsung executives to avoid complacency despite massive recent profits. The company reported a first-quarter net profit of 47.22 trillion won, or $31.8 billion, driven by demand for artificial intelligence chips. Union workers plan to launch a major strike next Thursday over disputes regarding performance-based bonuses. Market analysts predict...

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