Bloomberg: Samsung Event Draws 30,000 People, Calls for Increased AI Revenue Share
According to monitoring, Bloomberg reported that tens of thousands of people gathered outside Samsung Electronics' main chip production base, demanding a larger share of the profits from the artificial intelligence boom.
Local police told the media that about 30,000 people participated in the rally held in the southern South Korean city of Pyeongtaek, where Samsung's large semiconductor complex is located, while the organizers claimed the number was 39,000. The Samsung union is demanding that 15% of the company's operating profit be allocated to chip division employees. Based on this percentage (over 40 trillion Korean won, approximately $27 billion), each employee may receive over $400,000 on average.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Goldman Sachs Bets on 'Rising Stocks and Bullish Bonds': S&P 500 Targeted at 8,700 Points, 10-Year US Treasury Yield Falls to 4.5%
Goldman Sachs expects the S&P 500 index to rise by 13.7% over the next 12 months, with the 10-year US Treasury yield falling from the current 5% to 4.5%. The bank's 12-month target for the S&P 500 is 8,700 points.
Up 14% since July! Forex options traders bet the Korean won rally will continue
Forex options traders are betting that the Korean won, which has been leading the Asian forex market since July, will continue its strong momentum.
Oppenheimer: Azure and M365 Commercial Edition expected to accelerate in fiscal 2027; Microsoft (MSFT.US) target price raised to $570
Oppenheimer raised Microsoft's target price from $515 to $570 and maintained its "Outperform" rating.
Crypto prices
More
