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Samsung Electronics
Asia

Briefs, November 30, 2012

A South Korean court has ordered Samsung Electronics to pay millions of dollars to a former employee who developed key technologies for the firm's lucrative television business, an official said. The ex-worker, surnamed Chung, had filed a suit against Samsung accusing it of scrimping on bonus payments after he had developed some 20 technologies - later patented - for the firm's television business from 1991 to 1995.

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Samsung to pay up for scrimping on bonuses. Photo: Reuters
Agencies

SEOUL - A South Korean court has ordered Samsung Electronics to pay millions of dollars to a former employee who developed key technologies for the firm's lucrative television business, an official said. The ex-worker, surnamed Chung, had filed a suit against Samsung accusing it of scrimping on bonus payments after he had developed some 20 technologies - later patented - for the firm's television business from 1991 to 1995. Seoul Central District Court ordered Samsung to pay him about six billion won (HK$42.8 million), a court spokesman said. AFP

 

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KUALA LUMPUR - Malaysia's leader warned voters their country risks economic collapse if the opposition wins national elections that must be held by mid-2013. Prime Minister Najib Razak opened his ruling party's annual congress with a forceful speech urging supporters to brace for one of Malaysia's most intensely fought elections. Najib's United Malays National Organisation wants to reverse setbacks from 2008 polls in the ruling coalition's worst performance in more than five decades of rule. AP

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