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Samsung union conflict widens with New York ad and chair sent to prosecutors

Conflicts inside and around Samsung Electronics\' unions are growing. The DX division union ran a Times Square ad criticising workforce efficiency moves and plans an open-ended rally from Sept. 18 outside Chairman Jay Y. Lee\'s home. Separately, police sent six people including a union chair to prosecutors over alleged creation of a member list. New labour ministry guidelines also narrow what can be treated as a legal labour dispute, limiting unions\' leverage.

Industry

Samsung Electronics posts record Q2 operating profit, up 1,814 percent year on year

Samsung Electronics said on Wednesday it posted record quarterly revenue and operating profit in the second quarter of 2026. Revenue rose 130 percent from a year earlier to 171.5 trillion won, while operating profit jumped 1,813.83 percent to 89.5 trillion won. First-half results also surged, driven by the DS division. The company cited strong server demand tied to the spread of agentic AI and currency gains from a stronger dollar.

Industry

Jensen Huang charts AI cooperation map in South Korea over four days

Nvidia CEO Jensen Huang (황젠슨) used a four-day visit to South Korea to map cooperation across the country’s AI value chain, spanning memory chips, foundries, data centres, AI models and robotics. He met executives from SK, Samsung Electronics, Hyundai Motor Group, Naver and LG Electronics, and hosted a reception bringing together 18 companies. Talks covered generative and sovereign AI, chip infrastructure, overseas expansion and startup cooperation, the report said.