… This demand stemmed from a comparison with SK hynix workers, who were guaranteed bonuses of $477,000 each this year , and almost doubled to $900,000 next year. Furthermore, these bonuses are guaranteed for the next ten years. …
Internal Samsung wage negotiation transcripts obtained by Reuters show the company proposed bonuses of 607% of annual salary for its memory chip division in March, while offering workers in its loss-making foundry and System LSI businesses between 50% and 100%. …
… A recent report that SK hynix workers can expect guaranteed bonuses of $477,000 this year and almost $900,000 next year has also brought worker compensation into sharp focus. …
… Workers outside the memory unit have pushed back hard , with a smaller union representing DX employees filing a court injunction this week to block the larger, chip-dominated union from handling collective bargaining. …
… Workers had compared their compensation unfavorably to rival SK hynix, which offered more generous bonuses last year. But while the strike threat is over, the resentment it exposed isn’t; only about 21% of Samsung's smaller union, which represents mostly non-chip staff, approved the agreement. …
… Go deeper with TH Premium: Chipmaking A deeper look at the chipmaking supply chain TSMC's $165 billion U.S. investments examined China reportedly reverse-engineers EUV tool China bets on DUV, as EUV blockade reshapes chipmaking While Samsung has already started winding down production at its facili… …
… Big Tech The Samsung workers union could potentially cripple the company's production if management refuses to meet their demands. Big Tech Workers at Samsung's largest chip fab staged a rally today, demanding higher pay and bonuses, comparing their compensation to what SK hynix offers its people. …
… Keep up with Tom’s Hardware Premium, available from just $7 per month By The Editors of Tom's Hardware Published 11 May 26 Tech Industry AI data center developers target rural territory to bypass city construction bans and regulations By Jowi Morales Published 11 May 26 Artificial Intelligence Inte… …
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