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Samsung Union Authorizes Massive Strike At Memory-Chip Plants After Mediation Talks Collapse
Samsung Union Authorizes Massive Strike At Memory-Chip Plants After Mediation Talks Collapse
Asian equities extended losses for a fourth straight session, with South Korea's benchmark KOSPI falling about 1% as the market priced in the shock of an imminent labor action at Samsung Electronics.
A full-scale, 18-day strike involving more than 47,000 workers at the world's largest memory-chip maker is set to begin Thursday, raising the risk of production disruptions across the global semiconductor supply chain, which is already tight due to AI data center buildouts.
Samsung Electronics' talks with...
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29 Killed In One Of Worst Russian Military Air Disasters Of Ukraine War
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Russia has suffered one of its worst aerial disasters of the Ukraine war, as an An-26 Military Transport aircraft went down in Crimea with no survivors reported.
The aerial disaster happened Tuesday, with state media reporting that the aircraft slammed into a cliff during what was described as a routine flight over the Black Sea peninsula.
via TASS
All 29 onboard, including 23 passengers and six crew, were killed in the crash, marking one of the deadliest recent incidents involving Russian...
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