But the deal may still be a win for Samsung.
Nearly 48,000 workers are threatening an 18-day walkout amid fears of global memory chip shortages
Workers' union says protest over bonuses will continue for 18 days.
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…
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.
Ein angedrohter Streik bei Samsung hätte verheerende Folgen für die Chip-Versorgung und die koreanische Wirtschaft haben können. In letzter Minute wurde er abgewendet. Doch es…
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 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…
Analysts warn the latest deal could become a benchmark for labour negotiations across industries. Read more at straitstimes.com. Read more at straitstimes.com.
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…