Why do some Samsung employees cheer company's stock plunge?
Some Samsung Electronics employees have drawn criticism from online users after appearing to welcome a nearly 9 percent plunge in their company's share price on an anonymous workplace community. Posts written by Samsung Electronics employees on the company's board on Blind, an anonymous community for office workers, spread across online communities and social media Thursday. Blind requires users to verify their employment through their company email addresses, and displays the name of their employer alongside their usernames. According to the Korea Exchange, Samsung Electronics closed Thursday's regular trading at 210,000 won ($147), down 9.48 percent, or 22,000 won, from the previous session. One person believed to be a Samsung Electronics employee posted on Blind under the title, "Please let the stock plunge to 100,000 won." Another employee wrote a post titled, "Isn't a falling stock price actually better for Samsung Electronics employees?" The employee said, "From the Device Solutions (DS) division's perspective, a higher stock price only increases the risk associated with OPI2," ref
Read original article ↗
Related Articles
Samsung's chip and device chiefs head to Tokyo during Lee's visit
Five senior Samsung Electronics executives, including the heads of its semiconductor and consumer electronics businesses
Charts: YMTC bets on premium eSSDs to take on Samsung
AI-driven NAND demand is entering a supercycle, positioning Yangtze Memory Technologies Co. (YMTC) as the fastest-growin
Samsung's India chip research arm opens quantum lab at IISc
Samsung Semiconductor India Research (SSIR), Samsung's semiconductor research and development center in India, and the I
Chip inflation drives Samsung, LG toward premium TVs
Global TV market growth is under pressure, but premium models are poised to expand. As rising memory prices fuel "chip i