Workers at chipmaker to hold vote on 2026 wage deal starting Friday

Samsung Electronics and its labor union are in crucial government-led talks. The aim is to resolve a dispute over pay and bonuses. A strike by 45,000 workers could disrupt global…

Planned action comes amid painful supply crunch in memory chips

The labour union at South Korean chip giant Samsung Electronics said Wednesday it would launch a planned strike after talks over bonus payouts collapsed.

Union to put tentative pay agreement struck with management to a vote

Deal struck just hours before planned action

Workers at chipmaker to hold vote on 2026 wage deal starting Friday

Samsung Electronics workers plan a major strike on Thursday. Talks over bonus payments have stalled. This action could disrupt South Korea's economy and global chip supplies.…

Another round of negotiations led by South Korea's minister for labor and employment Kim Young-hoon resulted in a tentative agreement.

The tentative deal, which involves 12% of profits being paid out as a bonus to employees over a 10-year period, will now go to a vote among over 70,000 union members at the Korean…

A planned 18-day strike by some 48,000 union members has now been suspended, while the agreement, which was mediated by the government, is put to a vote between May 22 and May 27

Samsung Electronics' shares surged on Thursday after it clinched an 11th-hour deal with its South Korean union to avert a strike, although the terms which included bonuses of…

Samsung Electronics' union suspended a planned strike after a tentative pay deal, but unresolved profit-sharing demands could reignite the dispute.

Samsung Electronics will pay its chip workers an average bonus of about $340,000 for the year, as the union pushes for compensation closer to $1m per employee and prepares for an…

Samsung Electronics shares surged 6.5% after a tentative wage deal averted a strike by nearly 48,000 workers that could have cost up to $2 billion per day.

The tentative deal would allow workers to share up to 12 per cent of operating profit as bonuses. Read more at straitstimes.com. Read more at straitstimes.com.

The South Korean chipmaker struck a last-minute deal with its union to avert an 18-day strike, unlocking a $26.6 billion payout pool

Samsung Electronics reached a last-minute wage deal averting a 48,000-member strike, but a bonus structure favoring semiconductor workers is raising internal tensions.

Samsung labour union members will begin voting Friday on a tentative wage deal that could deliver hefty bonuses to chip workers and helped avert a major strike at the South Korean…

Samsung labour union members will vote on a tentative wage deal this week. This agreement averted a major strike at the South Korean chip giant. The provisional deal was reached…

Unionized workers at Samsung Electronics will begin voting Friday on a proposed wage agreement that includes a new chip performance bonus scheme and a 6.2 perce