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.

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

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 shares and the benchmark KOSPI both rocketed nearly 8 per cent higher in morning tradE. Read more at straitstimes.com. Read more at straitstimes.com.

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

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

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

Bringing Taiwan to the World and the World to Taiwan

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

Samsung Electronics has reached a tentative agreement with unions, granting semiconductor employees average bonuses of $338,000, avoiding an 18-day planned strike.

But the deal may still be a win for Samsung.