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Results for "Samsung Group"

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Samsung Family Completes Record Inheritance Tax Payment
BusinessKorea Herald3mo ago

Samsung Family Completes Record Inheritance Tax Payment

The Samsung Group's owner family has finalized the payment of 12 trillion won ($8 billion) in inheritance taxes over five years, marking South Korea's largest such settlement and solidifying their control over the conglomerate.

Samsung Electronics unions set for May strike
BusinessKorea Herald5mo ago

Samsung Electronics unions set for May strike

Samsung Electronics’ labor unions will launch a general strike in May, marking the first such action in nearly two years and only the second in the company’s history. A joint labor coalition said Wednesday it had secured the legal right to strike after 93.1 percent of participating members backed a walkout. The coalition, known as the Joint Struggle Headquarters, brings together three unions: the Samsung Group United Union Samsung Electronics Co. Union, the National Samsung Electronics Union and

Samsung bonus ruling ignites severance battle
BusinessKorea Herald6mo ago

Samsung bonus ruling ignites severance battle

Samsung Group affiliates are bracing for a new wave of severance pay lawsuits after the Supreme Court ruled last month that Samsung Electronics’ target-based bonus must be treated as wages when calculating retirement pay. Legal sources said Thursday that unions and former employees at Samsung Electronics Service, Samsung Fire and Samsung SDS are consulting with law firm A Pro on potential claims seeking additional severance. The legal turning point came Jan. 29, when the Supreme Court held that

Samsung Launches Sweeping AI Initiative for Employees
BusinessKorea Herald2mo ago

Samsung Launches Sweeping AI Initiative for Employees

Samsung Group is implementing a comprehensive artificial intelligence initiative across its affiliates, enabling employees to utilize external generative AI tools like ChatGPT, Gemini, and Claude to transform its operational methods.

Samsung rolls out ‘secure chat’ to curb internal leaks
BusinessKorea Herald6mo ago

Samsung rolls out ‘secure chat’ to curb internal leaks

Samsung Electronics and other key Samsung Group affiliates have tightened controls on internal communications by introducing a “secure chat” mode on their employee messaging platform, a step aimed at curbing repeated leaks of sensitive internal discussions, industry sources said Wednesday. The new setting restricts how messages can be shared or stored once activated. According to an internal notice, secure chat rooms block copy and paste, message forwarding, screen capture and the saving of chat