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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…

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…

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.

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.

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.

Bringing Taiwan to the World and the World to Taiwan

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 labour union members will vote on a tentative wage deal this week. This agreement averted a major strike at the South Korean chip giant. The provisional deal was reached…

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

SAMSUNG-ELEC-Samsung workers to begin vote on pay deal

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

Samsung Electronics’ workers in South Korea on Friday began voting on a pay deal

Around two-thirds of unionized workers at Samsung Electronics Co. on Friday voted on a tentative wage deal following a last-minute agreement with management tha