Articles for tag: Demanding, detained, Escalating, Faces, Higher, India, Recognition, Samsung, Striking, Tensions, Turmoil, Union, Wages, Workers

Market News

Samsung faces turmoil as 104 striking workers are detained in India, demanding higher wages and union recognition amidst escalating tensions.

Samsung faces turmoil as 104 striking workers are detained in India, demanding higher wages and union recognition amidst escalating tensions.

Samsung is facing significant challenges as 104 workers were detained during a strike at its Chennai plant in southern India. The workers are demanding higher wages and recognition of their union, which is supported by the Centre of Indian Trade Unions. This strike, part of a week-long protest, disrupts production at a facility that contributes ...

Market News

Regulatory reports expose Samsung and Xiaomi’s collusion with Amazon and Flipkart, breaching antitrust laws and harming competition in India.

Regulatory reports expose Samsung and Xiaomi’s collusion with Amazon and Flipkart, breaching antitrust laws and harming competition in India.

Recent investigations by India’s Competition Commission have found that major smartphone brands like Samsung and Xiaomi colluded with Amazon and Flipkart to break antitrust laws. Reports indicate that these companies engaged in exclusive product launches and prioritized selected sellers, harming competition and local retailers. Both Amazon and Flipkart allegedly favored preferred sellers, offering them discounts ...

Market News

Samsung plans to cut up to 1,000 jobs in India and reduce global workforce by 30% amid economic pressures.

Samsung plans to cut up to 1,000 jobs in India and reduce global workforce by 30% amid economic pressures.

Samsung Electronics, the leading global manufacturer of smartphones and memory chips, is set to lay off up to 30 percent of its overseas staff, potentially affecting around 1,000 employees in India. The company plans to reduce its sales and Marketing workforce by 15 percent and administrative staff by 30 percent across various regions, including the ...

Market News

Samsung fires back at Apple’s iPad Pro ad with a powerful message: ‘Creativity always wins’

Samsung recently released a new advertisement mocking Apple’s iPad Pro, emphasizing that creativity cannot be crushed. The tech giant’s bold move is stirring up competition in the tech industry, showcasing their innovative approach to Marketing their products. Samsung’s playful jab at Apple highlights the growing rivalry between the two companies in the battle for consumer ...

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