Samsung narrowly avoids 18-day chip strike after last-minute wage deal with 48,000-worker union — tentative deal, subject to workers' vote, suspends billions of dollars worth of potential losses
… The breakthrough caps months of escalating labor unrest. Dissatisfaction grew among workers as Samsung’s semiconductor profits surged on AI-driven memory demand, with workers comparing their payouts to those at rival SK Hynix, which has offered more generous bonus structures. …