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Stories from Suwon · South Korea

25 stories in this location, newest first.

economy 55d ago Suwon

Samsung Union Threatens General Strike

A majority union dominated by semiconductor workers in the Device Solutions division is threatening a general strike. The labor action follows internal divisions fueled by the company's AI chip production.
Mastodon
politics 55d ago Suwon

Five Cases Added To Gyeonggi Province Investigation

Five new cases have been added to the investigation in Gyeonggi Province. The source noted that there are exceptional provisions, such as a separate requirement for a judge specializing in arrest warrants.
CBS Standard FM Seoul
economy 56d ago Suwon

Samsung Electronics Reports 49-Fold Jump In Chip Income

Samsung Electronics reported that profit gains were driven by a 49-fold increase in chip income on Thursday. This follows a report from SK Hynix which saw earnings climb five-fold.
RTHK Radio 3 HK
economy 57d ago Suwon

Samsung Union Estimates 30 Trillion Won Strike Loss

The Samsung Biologics union is planning a strike starting May 21 and lasting until June 7. Management expects losses of approximately 150 billion won due to labor disputes and demands for codified labor-management agreements.
YTN Radio
politics 57d ago Suwon

Gyeonggi Province Creates Anti-Deepfake Technology Ordinance

The Gyeonggi Provincial Assembly has passed an ordinance to support technology for responding to deepfakes, marking the first of its kind in South Korea. The Gyeonggi Provincial Council has created an ordinance to support anti-deepfake technology. This ordinance aims to combat crimes created by technology with stronger technology. The goal is a safe and clean digital world.
CBS Standard FM Seoul
economy 57d ago Suwon

Samsung Electronics Reports Record Q1 Profits

Samsung Electronics reported earning 54 trillion won in operating profit from its semiconductor division alone. The company is currently preparing for a general strike scheduled for next month. Samsung stated it plans to respond to the strike to ensure no disruptions to production. Operating profit reached 57.2 trillion won, while revenue hit 133.9 trillion won. The semiconductor division accounted for 53.7 trillion won of the total operating profit, representing 94% of the company's earnings. Operating profit for the consumer electronics and mobile divisions was 3 trillion won. Samsung Electronics reported record first-quarter earnings despite the impact of the Iran war. The company is pursuing the world's first mass production of 6th generation high-bandwidth memory (HBM4). Profits improved as prices for DRAM and other memory products more than doubled due to supply shortages.
YTN Radio
other 58d ago Suwon

Suwon Ranks First In Gyeonggi Walkability Index

Suwon City recorded an 83.1% score in the walkability index evaluation released by the Gyeonggi Research Institute. This score placed Suwon first among the 31 cities and counties in Gyeonggi Province.
CBS Standard FM Seoul
economy 58d ago Suwon

Gyeonggi Province Land Values Rise 2.85 Percent

Gyeonggi Province has announced the officially assessed individual land prices for 4.88 million plots. The average price increase was recorded at 2.85 percent, the second-highest growth rate in the country after Seoul.
CBS Standard FM Seoul
technology 58d ago Suwon

President Believes Progress In Ukraine Truce Talks

Samsung Electronics allocated 30 percent of its total research and development investment to specific areas last year. Chinese financial media reports that Trump is specifically conducting these negotiations via telephone. Analysts suggest that if President Trump initiates military operations, they may focus on attacking Iran's strategic assets to block the Strait of Hormuz. There are concerns regarding the depletion of US munitions and the potential impact on large-scale combat capabilities. The possibility of a full-scale war is currently assessed as low. No new specific facts added in this feed regarding the Trump-Putin dialogue. Donald Trump stated that his previous comments regarding the Strait of Hormuz and the Sea of Oman were intentional and not accidental.
YTN Radio
other 58d ago Suwon

Safety Facility Operation Challenged In Suwon Court

A preliminary injunction was filed with the Suwon District Court on April 16. The filing argues that safety protection facilities on the fourth floor must remain operational.
YTN Radio