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Samsung, South Korean Union Resume Talks As Strike Threat Risks Disrupting Memory Chip Fabs
Samsung, South Korean Union Resume Talks As Strike Threat Risks Disrupting Memory Chip Fabs
Heavy selling swept across Asian markets on Friday, with South Korea's benchmark KOSPI plunging 6% as traders aggressively reduced exposure to the country's semiconductor sector. Samsung Electronics and SK Hynix led the decline. The catalyst for the sell-off was labor action risk headlines at Samsung, where the company's union threatened a strike that could disrupt production lines at the world's largest memory chip manufacturer.
By Saturday morning, there was a major sigh of relief: Samsung and its...
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Mar 4, 2026
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Is The AI Spending Boom Creating A Depreciation Time Bomb?
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Via City AM,
Big Tech's AI spending has exploded, with Google, Microsoft, Amazon, and Meta collectively investing hundreds of billions of dollars in infrastructure.
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Google, Meta, Amazon, and...
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Mass Funeral Held in Gaza for 112 Palestinians From the Same Family Killed by Israeli Airstrikes in 2023
Thousands of Palestinians in Gaza City on Tuesday held a mass funeral for 112 members of the Abu Sharia al-Hassaina family, a well-known and respected clan that has been nearly wiped out by Israel’s genocidal war, the Palestinian news agency WAFA has reported. The bodies of the 112 Palestinians mourned on Tuesday were recovered from […]
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