…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…
…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…
…Basically, its unionized workers are demanding bonuses that are more typical of semiconductor pure plays such as SK hynix. If Samsung gives in, it will have created a damaging worker hierarchy, where…
…Do note that SK hynix workers receive 10 percent of their firm's annual operating profits in bonuses. Now, Samsung's unionized workers will be able to vote on the deal, beginning…
…Unions are threatening a strike unless the chipmaker improves wages and bonuses. Two Samsung unions want the company to pay workers 15 per cent of each division’s operating profit. They want…
…As reported by Reuters, output for Samsung’s foundry and memory chips “dropped 58 percent and 18 percent, respectively, during the overnight shift on Thursday as unionized workers attended a protest demanding…
South Korean chip giant Samsung Electronics has reached an agreement with its labour union, mere hours before workers were due to begin an 18-day strike. The planned action was due to…
Samsung management appears intractable, unwilling to yield to the bonus-related demands of its unionized workers, setting the stage for a high-stakes showdown next month. As the world's largest memory…
…Even so, Samsung workers appear to have won the latest round by successfully disrupting nearly a fifth of the output at the highly mechanized Samsung memory fabs as well as nearly three…
…The Financial Times estimates memory chip workers will receive a bonus roughly equivalent to $400,400. This profit sharing deal is similar to the one SK Hynix struck with its own workers…
