Samsung Electronics will share 12% of semiconductor profits with 78,000 workers under a 10-year deal, with bonuses averaging $340,000 and reaching up to 600 million won.

Samsung employees from the smartphone, TV, and home appliance divisions are seeking a court order to block a $26.6 billion payment to their chip division colleagues. Here's why.

Non-chip employees tried to block the vote, but a South Korean court has dismissed the injunction.

Samsung's largest union ratified a $26.6B compensation deal averaging $340K per worker, averting an 18-day chip plant strike amid fierce AI memory competition.

The Korean giant is set to become one of the world’s most profitable firms. Its semiconductor arm posted a 48-fold jump in profit for the March quarter.

Amid booming demand for AI chips, the government-backed deal will make more than 60% of the South Korean tech giant's workforce eligible for bonuses of about $370,000 this year.

Samsung Electronics union members on Wednesday approved a deal with management securing massive annual bonuses

Samsung Electronics unionized workers have approved a bonus pay agreement, averting a strike

Samsung Electronics will share 12% of semiconductor profits with 78,000 workers under a 10-year deal, with bonuses averaging $340,000 and reaching up to 600 million won.

The deal will pay some workers in Samsung’s highly profitable memory chip unit around $416,000 this year, while employees in other chip units will receive less, and those in its…

Special payments unlikely to spread beyond South Korea's AI boom-fed chip sector

Samsung Electronics Co.'s unionized workers voted to approve a wage agreement that includes a substantial bonus package for chip workers, the union said Wednesday.

Thousands of workers eligible for B12 million each from huge AI profits

But a pay gap between divisions has already disrupted chip packaging.

73.7% of balloting union members backed the agreement, which sets aside 10.5% of chip division operating profit for special bonuses

Agreement shows the latest impact of AI boom as two more chipmakers join $1tn club

Los trabajadores de Samsung Electronics han aprobado un hist�rico acuerdo de participaci�n en los beneficios que otorgar� a los empleados de la pujante divisi�n de chips de...

Pagamento será em ações da companhia

Migliaia di dipendenti del settore dei semiconduttori della Samsung Electronics potrebbero ricevere un bonus medio di 600 milioni di won (345mila euro) a testa, dopo che i… Leggi

Employees in Samsung’s memory chip division are set to receive bonuses averaging roughly £310,000, mostly in stock as chip sales soar.

It comes after the pay deal was agree on Wednesday following a five-month dispute between the Korean teach giant and labour union