Economy
Business·Industry
Samsung Electronics to Return Over 150 Trillion Won to Shareholders—More Than in the U.S.—All Eyes on the 'Next Three Years'
SamsungElectronics and SK hynix have begun returning the massive cash reserves they earned during the memory boom to their shareholders. The total shareholder returns announced by the two companies th…
Business·Industry
SK INICS Corporation to Pay 700 Million in Performance Bonuses—Will 420 Million Be in Stock?…What Will the Union Choose?
With SK hynix management and the labor union having reached a tentative agreement to pay performance bonuses in the form of 60% stock and 40% cash, attention is now focused on how union members will v…
Business·Industry
“My pants shrunk after I took them to the dry cleaner’s”… Compensation [No to Being Taken Advantage Of]
Q. Two pairs of pants I dropped off at the dry cleaner’s have shrunk, and the left and right legs are now different lengths. The dry cleaner claims they only dry-cleaned them and says it’s a product d…
Business·Industry
“May the late SamsungElectronics DX rest in peace”… People gather in Seocho holding ‘memorial photos’ of home appliances
“What we want is not ‘voluntary retirement’ but ‘voluntary continued employment.’ Please allow us to work here for the long term, believing that the company will thrive even five or ten years from now…
Business·Industry
SamsungElectronics "Contributes 78.9 Billion Won to Fund for Semiconductor Partners"
SamsungElectronics has decided to contribute 78.9 billion won as an incentive for small and medium-sized partner companies in its Semiconductor (DS) Division.On the 21st, SamsungElectronics announced …
Business·Industry
SNTEnergy Co.,Ltd. Wins Contract to Supply Equipment for Restoring Facilities Damaged by the War in the Middle East… First Korean Company to Do So
Panoramic view of SNT Gulf. (Photo courtesy of SNTEnergy Co.,Ltd.)
SNTEnergy Co.,Ltd. has secured a contract worth approximately 32 billion won to supply air-cooled condensers to Saudi Arabian pet…
Business·Industry
SamsungElectronics to Return Record 110 Trillion Won to Shareholders… to Pay 30 Trillion Won in Cash Dividends (Comprehensive)
SamsungElectronics plans to implement its largest-ever shareholder return program this year, totaling approximately 110 trillion won. Having posted record-breaking earnings, SamsungElectronics plans t…
Business·Industry
[Breaking News] SamsungElectronics to Return Up to 110 Trillion Won to Shareholders This Year… 30 Trillion Won in Cash Dividends
SamsungElectronics will implement shareholder returns totaling up to 110 trillion won this year. This marks the largest amount in the company’s history. SamsungElectronics announced that it held a boa…
Business·Industry
[Breaking News] SAMSUNG SDI CO.,LTD. "Sells 4.4 Trillion Won Worth of Samsung Display Shares"
SAMSUNG SDI CO.,LTD. announced on the 21st that it has decided to transfer a stake in Samsung Display, valued at 4.4 trillion won, back to Samsung Display.The number of shares to be transferred (sold)…
Business·Industry
SK hynix: "Pushing Ahead with Construction of a Semiconductor Plant in Japan, but Details Unconfirmed"
SK hynix has denied reports that it is planning to build a semiconductor factory in Japan, stating that no decision has been made yet.On the 21st, SK hynix stated in a response to a regulatory inquiry…