Korea Joongang Daily
Korea JoongAng Daily

Samsung Biologics union launches 1st general strike over pay dispute

Unionized workers at Samsung Biologics, the biotech arm of Samsung Group, began a five-day general strike on Friday, demanding higher wages and expanded performance-based compensation.

2026-05-01

Samsung Electronics posts historic $38.6B Q1 profit, fueled by AI chip shortage

Samsung Electronics reported an operating profit of 57.23 trillion won ($38.6 billion) for the first quarter of this year, the highest in its history, as a shortage in memory chips sends clients racing to secure supplies for their AI data centers.

2026-04-30

Korean stocks touch record high but snap 3-day winning streak at close

Seoul stocks dipped by more than one percent on Thursday to snap a three-day winning streak, after touching a fresh all-time high, as investors cashed in gains amid a sharp rise in international oil prices.

2026-04-30

Lions extend contract with injury replacement O'Loughlin

The Samsung Lions have extended their contract with their injury replacement, Jack O'Loughlin, to the end of next month.

2026-04-30

AI chip boom drives Samsung to historic $38.5B quarterly profit

Samsung Electronics reported its strongest quarterly results in its corporate history for the January-March period, with operating profit hitting 57.2 trillion won ($38.5 billion).

2026-04-30

Samsung vs. Apple: Foldable fight begins with wide-format debuts

Samsung Electronics is set to release a wide foldable phone this July, positioning it between Huawei's recent launch and Apple's anticipated September debut of a similar form factor.

2026-04-30

Samsung ace Ariel Jurado shines despite win-loss record

By several measures, Samsung Lions ace Ariel Jurado has been one of the most effective pitchers in Korean baseball so far this year. However, he only has two wins to show for it after six starts.

2026-04-29

Nvidia's Madison Huang to discuss physical AI partnership with Samsung, SK hynix executives

Senior Nvidia executive Madison Huang will hold meetings with counterparts from Samsung Electronics and SK hynix on Wednesday to discuss cooperation in physical AI, industry sources said.

2026-04-29

Lions squash 7-game losing streak with Bears defeat

The Samsung Lions squeezed past the Doosan Bears 5-4 in extra innings Tuesday to snap their seven-game losing streak.

2026-04-29

‘I got lucky’: Lions outfielder celebrates return after busy day on field

With his uniform all dirty after an action-filled Tuesday night on the field, Samsung Lions outfielder Kim Seong-yoon counted his blessings for a string of lucky moments.

2026-04-29