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

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

Samsung averted its first-ever chip division strike by agreeing to share 13% of operating profits with workers, avoiding $11.7B in potential losses.

Samsung Electronics' shares soared up to 6.5% after a tentative wage agreement with its South Korean union, averting a potential strike that could disrupt global chip supplies.

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

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 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.

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

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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 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.

Samsung Electronics averted a 48,000-worker strike with a tentative union deal sharing AI chip profits worth $26.6 billion in 2026 bonuses.