Samsung Electronics has reached a tentative agreement with unions, granting semiconductor employees average bonuses of $338,000, avoiding an 18-day planned strike.
The agreement comes as Samsung's chip business thrives on AI demand
May 22, 2026
04:02 pm
What's the storySamsung Electronics has averted a planned 18-day strike by reaching a tentative agreement with labor unions.
The deal, reached after government-mediated talks, will see semiconductor employees receive average bonuses of about 509 million won ($338,000).
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The tentative deal would allow workers to share up to 12 per cent of operating profit as bonuses. Read more at straitstimes.com.…
Samsung chip workers will get big bonuses. An agreement was reached to avoid a strike. Employees in the semiconductor division…
The South Korean chipmaker struck a last-minute deal with its union to avert an 18-day strike, unlocking a $26.6 billion payout…
Samsung Electronics averted a 48,000-worker strike with a tentative union deal sharing AI chip profits worth $26.6 billion in…
But the deal may still be a win for Samsung.
Samsung Electronics will pay its chip workers an average bonus of about $340,000 for the year, as the union pushes for…
