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The National Samsung Electronics Union announces that around 30,000 Samsung Electronics workers will now strike indefinitely after accusing the company of refusing to hold talks on better pay.
2024-07-10

South Korean electronics giant Samsung Electronics suspends all shipments to Russia due "to current geopolitical developments". Samsung is the largest supplier of smartphones in Russia with a 30% market share.
2022-03-5

South Korea confirms that 169 more people have contracted the coronavirus in the country, raising the total number to 602.
2020-02-23

South Korea's National Police raid the headquarters of Korean Air as part of an investigation into embezzlement and breach of trust related to misappropriated funds alleged to have been used to fund construction at the residence of Korean Air Chairman Cho Yang-ho (father of Heather Cho, instigator of the "Nut rage incident" in 2014). The company's shares continue to drop.
2017-07-7

A court in South Korea strikes down a request by prosecutors to issue an arrest warrant for Samsung vice chairman Lee Jae-yong, who is accused of bribery and embezzlement, in connection to a corruption scandal involving impeached President Park Geun-hye.
2017-01-19

Samsung Electronics agrees to buy the U.S.-based Harman International Industries for $8 billion in the biggest overseas acquisition ever by a South Korean company.
2016-11-14

South Korean prosecutors raid the offices of Samsung Electronics as part of a ongoing probe into President Park Geun-hye's controversial association with Choi Soon-sil. Yonhap News Agency reports prosecutors are investigating whether Samsung improperly provided financial assistance to Choi's daughter, Chung Yoo-ra.
2016-11-8

A South Korean Joint Chiefs of Staff official reports North Korea launched five short-range missiles from the eastern city of Hamhung into the Sea of Japan.
2016-03-21

South Korean company Samsung Electronics says that they have $56 billion in cash and plan to use some of it for mergers and acquisitions.
2015-02-17

A South Korean court rules that Apple Inc. and Samsung Electronics infringed each other's patents on mobile computing technology.
2012-08-24