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The Samsung pay deal is the moment Korean unions changed register

Asia, Business, Digital Marketing, Samsung, SEO Tips, Technology /

Samsung’s 10.5%-of-profit bonus formula is only the second written profit-share agreement at a major Korean firm. Kakao’s union is already asking for more. Samsung Electronics’ unionised workforce voted in favour of the government-mediated pay agreement on Wednesday, formally closing the deal that narrowly survived an injunction filing from a smaller non-chip union on Tuesday. The vote […]

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Micron approaches $1tn as UBS sees a path to $1.8tn over 12 months

Business, Digital Marketing, SEO Tips, Technology /

Timothy Arcuri lifted his price target to $1,625 from $535 on the back of long-term HBM supply agreements that, in his read, compress the boom-bust memory cycle into something closer to a structural duopoly. Micron Technology shares rose as much as 19% on Tuesday after UBS analyst Timothy Arcuri more than tripled his price target […]

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China’s market regulator fines Luxshare and Wingtech over their unwinding deal

China, Digital Marketing, Government and policy, SEO Tips, Technology /

SAMR has penalised the two electronics firms for procedural violations in their now-collapsed asset sale, the latest signal of Beijing’s tightening merger-enforcement posture. China’s State Administration for Market Regulation has fined Luxshare Precision Industry and Wingtech Technology for violations in connection with their now-unravelling asset sale, according to a Reuters report on Wednesday. The fine […]

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