Samsung shares crash 9% as labour strike raises fears of $20 billion profit hit
By TodayTelugu Desk1 min read1 views
Samsung Electronics shares fell sharply on Friday as an escalating labour dispute and a looming 18-day strike raised fears of major disruption to chip production and deliveries. With JPMorgan estimating up to $21 billion in potential profit impact, investor anxiety has surged amid intensifying union demands and rising pressure on South Korea’s tech-driven economy.
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