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

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.

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…

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

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…

A group of Samsung Electronics shareholders on Thursday vowed legal action against a tentative deal between the South Korean chip giant and its largest labour union that averted a…

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

Analysts warn the latest deal could become a benchmark for labour negotiations across industries. Read more at straitstimes.com. Read more at straitstimes.com.

The question of how record profits should be distributed and shared goes beyond an individual company or industry, and must involve society as a whole in the discussion

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.

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.

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…

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

Bringing Taiwan to the World and the World to Taiwan