Samsung top pick for retail investors after US election
Retail investors scooped up 2.33 trillion won ($1.67 billion) worth of Samsung Electronics stocks since the U.S. presidential election, the country's main bourse said on Sunday.
Retail investors scooped up 2.33 trillion won ($1.67 billion) worth of Samsung Electronics stocks since the U.S. presidential election, the country's main bourse said on Sunday.
The workers of Samsung India, who have been agitating against the management at the Sriperumbudur plant in Tamil Nadu, on Tuesday called off the 37-day strike that commenced on September 9, the state Labour Department announced.
Top South Korean business leaders, including Samsung Chairman Lee Jae-yong, attended the wedding of SK Chairman Chey Tae-won's daughter on Sunday, an event that also marked Chey's first public appearance with his estranged wife since their multibillion-dollar divorce battle.
With the Tamil Nadu Police’s crackdown at the Samsung India plant in Sunguvarchatram, Sriperumbudur, arresting striking workers and union leaders, tension is mounting in the area.
Smartphone sales grew 11 per cent (year-over-year) in the first wave of the festive season sales in India between September 26-October 6, a report said on Tuesday.
Samsung SDS offers products like digital door locks and wall pads that connect to users' smartphones.
The new workforce will join Samsung R&D Institute-Bangalore (SRI-B), Samsung R&D Institute-Noida, Samsung R&D Institute-Delhi, and Samsung Semiconductor India Research in Bengaluru next year.
Samsung has helped nurture a total of 426 startups -- 182 in-house firms and 244 outside ones -- through its Creative Lab (C-Lab) Outside programme since 2018, and the 244 outside startups have secured an accumulative investment of 430 billion won from various institutional investors.
Samsung India's mobile division turned in record sales riding on strong consumer demand for premium smartphones such as the Galaxy S22 series and the recently-launched foldable.
Samsung said its shareholders approved the appointment of Yoo Myung-hee -- a former trade minister and deputy minister in charge of negotiations for free trade agreements -- as its new outside director.
