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AJP Watch: Samsung still unpatched as CEO and union plea exposes internal strife
SEOUL, May 21 (AJP) -Samsung Electronics may have pulled back from the brink of an unprecedented general strike with a dramatic last-minute wage agreement, but the company is not yet out of trouble as internal divisions continue to simmer over a bonus structure that many employees say has shattered the sense of balance inside South Korea’s biggest company. The tentative 2026 wage agreement, reached late Wedn
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AJP Focus: Samsung strike on hold, but shareholders see a new battle beginning
SEOUL, May 21 (AJP) - The chip lines at Samsung Electronics ran uninterrupted Thursday morning. What had been dreaded as the opening day of an unprecedented 18-day walkout instead turned into relief rally on the market after labor and management reached a last-minute settlement shortly before midnight. Samsung shares surged as much as 7 percent during trading and closed at a fresh record high as markets
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South Korea happy to stay the laggard in self-driving race in Asia
SEOUL, May 21 (AJP) - The self-driving race on Asian roads is heating up, but South Korea is in no hurry as it bets safety-first approach will take it farther at the end of the day. China is rapidly scaling up commercial robotaxi fleets while Japan has unlocked Level 4 services on public roads. Modest in comparison, Hyundai Motor Group is launch