Special payments unlikely to spread beyond South Korea's AI boom-fed chip sector

Samsung Electronics union members hold a rally in Pyeongtaek, South Korea, on April 23. A subsequent agreement on bonuses averted a planned strike. © Reuters

SEOUL -- Tens of thousands of Samsung Electronics' semiconductor employees can expect an average bonus of 600 million won ($400,000) each after the company's unions and management reached a deal to end a monthslong standoff that had threatened to lead to an all-out strike.

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