Samsung Cuts Wages, Ad Spending amid Earnings Slump

SEOUL, March 26 (Korea Bizwire) – South Korea’s top tech giant, Samsung Electronics, reduced its combined expenditures on wages and advertisements in 2014 apparently due to its lackluster earnings, data showed Thursday. The market behemoth handed out 9.3 trillion won (US$8.44 billion) to its employees in 2014, down 0.3 percent from a year earlier, its [...]