… As such, Samsung's semiconductor workers now stand to gain an average of 509 million won $370,000 in all-stock performance bonuses, based on Samsung's expected operating profit of 331 trillion won this year. …
… Samsung is seen as short-handing its workers, and those employees are now pushing back According to the Korea Herald, Samsung's union workers are currently demanding 15 percent of the company's annual operating profit, which amounts to around $30 billion, in bonuses. …
… Samsung's unionized workers face a double-whammy: a court has issued a partial injunction against their planned strike as the government threatens to invoke a rare legal instrument As we've been noting ad nauseum over the past few days, Samsung's union workers are currently demanding 15 percent of … …
… Read all comments on Samsung Shareholders Up In Arms Over The “Illegal” Incentives Deal That Will See Each Memory Division Worker Take Home ~$400,000 In Bonuses
… Similarly, the LSI division employees will take home around 160 million won ~$100,000 in bonuses. Given the 100x difference in the bonuses for Samsung workers in memory and mobile divisions, the situation has predictably turned explosive. …
… Just ask SK hynix's relatively poor companions over at Samsung, who've received no such ministrations, and likely won't unless next week's union-led strike succeeds in formalizing regular performance bonuses of as much as 15 percent of Samsung's operating profit, at which point we have no doubt the… …
… Samsung's Management & Workers Make Headway In Negotiations For Bonus According to members of the union and as reported by the Herald, Samsung's management has agreed to codify workers' bonuses for three years and then institutionalize them. …
… For Samsung, the situation could easily result in losses that reach 30 trillion won $20 billion ! Dilemma Meanwhile, Samsung management is now facing a complex dilemma. Basically, its unionized workers are demanding bonuses that are more typical of semiconductor pure plays such as SK hynix. …
… Related Story Samsung LSI’s Price Gouging Pushes Exynos 2600 To $270/Unit, Forcing Samsung Mobile To Bank On Qualcomm For The Galaxy Z Flip 8 The breakthrough came when South Korea's labor minister directly joined the talks, and after Samsung's management promised to "build a more constructive labo… …
… Related Story Qualcomm May Once Again Command A Higher Share Of Snapdragon SoCs Found In The Galaxy S27 Series, And It’s Thanks To One Clever Strategy The wider semiconductor industry is gripped with fears of a prolonged production halt at Samsung, which would worsen the ongoing DRAM shortage As a … …