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TCL Edges Out Samsung in LCD TV Market Share

The market share gap for liquid crystal display (LCD) TVs between Samsung Electronics and China’s TCL was found to be 0.1%p.According to Counterpoint Research on Aug.

  • TCL edged out Samsung with 13.8% market share in LCD TV market in June.
  • Samsung expanded RGB backlight-based TVs to more affordable models.
  • OLED TV shipments grew by 12% year-over-year in June.

POSCO Faces First-Ever Full-Scale Strike Threat

POSCO stands at the crossroads of its first full-scale strike since its foundation in 1968. As labor and management failed to narrow their differences over this year’s wage and collective bargaining…

  • POSCO faces its first full-scale strike threat in over a century.
  • Union granted legal authority to strike, aiming for substantial wage increases.
  • National Labor Relations Commission mediation deemed futile on August 18.

Hyundai Motor Union Plans Full 8-Hour Strike and Rally on Sept. 21

The Hyundai Motor labor union has decided to raise the strike level again, stating that the company did not present an additional proposal for wages and bonuses during the wage negotiations that resumed after 41 days. The union’s day shift and night shift will each stage a partial strike for 4 hours

  • Hyundai union plans full 8-hour strike on Sept. 21
  • 4-hour partial strikes scheduled Aug. 19-25
  • Wage proposal lacks wage increases and 50% bonus boost

More from Tuesday 18 August →