Bloomberg: Samsung Event Draws 30,000 People, Calls for Increased AI Revenue Share
According to monitoring, Bloomberg reported that tens of thousands of people gathered outside Samsung Electronics' main chip production base, demanding a larger share of the profits from the artificial intelligence boom.
Local police told the media that about 30,000 people participated in the rally held in the southern South Korean city of Pyeongtaek, where Samsung's large semiconductor complex is located, while the organizers claimed the number was 39,000. The Samsung union is demanding that 15% of the company's operating profit be allocated to chip division employees. Based on this percentage (over 40 trillion Korean won, approximately $27 billion), each employee may receive over $400,000 on average.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Smart ring manufacturer Oura (OURA.US) IPO reportedly oversubscribed by about 4 times
According to market sources, the initial public offering (IPO) of smart ring manufacturer Oura in the US stock market has reportedly been oversubscribed by approximately four times.
NEAR Protocol Price Surges Above $5 as Breakout Momentum Builds
Subscription multiplier reaches 4 times! "AI Ring" Oura IPO receives enthusiastic response
Smart ring manufacturer Oura's IPO was oversubscribed by approximately four times, planning to issue 50 million shares at a maximum price of $44 per share, aiming to raise up to $2.2 billions, with a fully diluted valuation of about $15 billions. Against the backdrop of companies like Holtec Nuclear withdrawing their IPO plans due to market conditions, Oura is expected to become the first major IPO in nearly three months to raise over $1 billion, injecting new vitality into the long-dormant U.S. IPO market.
The Bank of Japan's interest rate hike still fails to impress the market! Hedge funds slash yen long positions by nearly 80%, while dollar long positions increase significantly
After the Bank of Japan failed to deliver a clear enough signal of further interest rate hikes to the market, hedge funds have significantly reduced their bullish bets on the yen.
Crypto prices
More
