Samsung | Pakistan

A looming 18-day strike at South Korean chip giant Samsung that has triggered worries within the government, rattled foreign investors and threatened global supply chains rests on one crucial question: who should share in the spoils of the AI boom? More than 45,000 workers are threatening to stage the largest strike in the conglomerate’s history from May 21, reducing production of memory chips that are crucial components in AI data centres, smartphones and laptops, as Samsung and its union struggle to find a compromise over bonus payouts. Samsung Electronics, which has reaped huge profits from a global memory shortage, has offered to pay generous bonuses to staff. But it wants to give 27,000 memory chip employees at least six times more than its other workers in its logic chip design and manufacturing businesses. Samsung Electronics labour union members chant slogans during a protest against company’s compensation levels ahead of a planned lengthy strike in front of Samsung Electronics semiconductor plant in ...

India’s government is reviewing a telecom industry proposal to force smartphone firms to enable satellite location tracking that is always activated for better surveillance, a move opposed by Apple, Google and Samsung due to privacy concerns, according to documents, emails and five sources. A fierce privacy debate erupted in India this week after Prime Minister Narendra Modi’s government was forced to rescind an order requiring smartphone makers to preload a state-run cyber safety app on all devices after activists and politicians raised concerns about potential snooping. For years, the Modi administration has been concerned that its agencies do not get precise locations when legal requests are made to telecom firms during investigations. Under the current system, the firms are limited to using cellular tower data that can only provide an estimated area location, which can be off by several meters. The Cellular Operators Association of India (COAI), which represents Reliance’s Jio and Bharti Airtel, has propo...

Samsung launched its first triple-folding phone on Tuesday, a special-edition product with an eyewatering price tag placing it out of the reach of the average consumer. The Galaxy Z TriFold will go on sale on December 12 and costs more than twice as much as the new iPhone 17 at $2,443. Super thin, it unfolds to a 10-inch (25.4 centimetre) display, offering “increased possibilities for creating and working”, the South Korean tech giant said. The triple fold function is not world-first — China’s Huawei beat Samsung to the punch last year with a phone at a similarly exorbitant price. Growth has been patchy in the competitive smartphone market, pushing makers to find new, eye-catching ways to differentiate their products. Offered solely in a black design, Samsung’s new device comes in at 309 grammes (10.9 ounces) and at its thinnest point measures less than 0.2 inches. Generative artificial intelligence features are integrated into the phone, which can give real-time help through screen or camera sharing. Samsung...

Samsung has asked an Indian tribunal to quash a $520 million tax demand for allegedly misclassifying imports of networking gear, arguing officials were aware of the practice as India’s Reliance imported the same component in a similar manner for years, documents show. Samsung becomes the second major foreign company in recent months to challenge an Indian tax demand. Volkswagen has sued Prime Minister Narendra Modi’s government in court for a record demand of $1.4 billion for misclassifying its component imports. In the Samsung case, tax authorities in January asked Samsung to pay $520m for evading the 10-20 per cent tariffs by misclassifying imports of a key mobile tower equipment, which it then sold to billionaire Mukesh Ambani’s telecom giant, Reliance Jio, from 2018 to 2021. In its 281-page challenge at the Customs Excise and Service Tax Appellate Tribunal in Mumbai, Samsung criticises Indian authorities for being “fully aware” of the business model as Reliance had a “long-established practice” of importi...