Samsung Electronics is expected to accelerate its treasury share buyback to fund a special bonus for its chip employees under a tentative labor agreement reache

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

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

Samsung Electronics shares soared 8% after the company secured a deal with its Korean union, avoiding a potentially damaging strike.

Samsung Electronics is expected to accelerate its treasury share buyback to fund a special bonus for its chip employees under a tentative labor agreement reache

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’ memory-chip employees could receive close to 600 million won ($398,900) each in combined incentives this year, while colleagues in loss-mak

The last-minute agreement between Samsung Electronics and its labor union may have averted a potentially crippling strike at the world’s largest memory chipmake

Samsung Electronics' labor and management reached a last-minute agreement on a bonus system just hours before the company’s labor unions were set t...

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.

Samsung Electronics will distribute $26.6B in bonuses to semiconductor employees after a union deal, fueled by AI chip demand that drove Q1 profits past expectations.

News that Samsung Electronics' management and labor unions agreed to a compensation plan linking bonuses to over 10 percent of business profits prompted signifi

Samsung Electronics averts an 18-day chip strike with a wage and stock bonus deal for 48,000 union workers, triggering an 8% KOSPI rally and easing AI supply fears.

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 chip workers will get big bonuses. An agreement was reached to avoid a strike. Employees in the semiconductor division will share profits. This deal could give them about…

Employees to receive bonuses in stock and cash

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…

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

A balance must be maintained between compensation for workers’ contributions, stockholders’ interests and setting aside funds for future investment