Tag: Stay

Samsung Board Chairman to Stay Despite Indictment for Alleged Labour Union Sabotage

Samsung Electronics Co’s said on Friday its chairman of the board, Lee Sang-hoon, will continue in his role despite an indictment for allegedly sabotaging labour union activities. Seoul prosecutors have accused Lee of involvement in a company-wide operation to dismantle a union at Samsung’s after-service unit between 2013 and 2016 when he was chief finance […]

Xiaomi’s Revenue Surges on India Smartphone Demand but Growth Doubts Stay

Chinese smartphone maker Xiaomi’s quarterly revenue soared due to strong demand in India and other emerging markets but doubts remained on whether it can sustain the fast pace of growth and its shares reversed early gains to end lower. Xiaomi, which toppled Samsung Electronics as the top smartphone seller in the price-conscious Indian market earlier […]