Samsung’s decision to distribute nearly 40 trillion won $26.6 billion in bonuses to its chip division employees has faced backlash from workers in non-chip divisions, such as smartphone manufacturing. …
Samsung sits at the center of today's computing stack, turning out memory chips used in smartphones, electric vehicles, and the high-performance servers that run large-scale AI models. …
… 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. …
Following a last-minute deal yesterday between Samsung Electronics and its South Korean workers’ union, the company will reportedly distribute 40 trillion won $26.6 million in bonuses to chip employees. …
… Leaked transcripts from the talks alleged that Samsung offered memory workers a 607% bonus worth $477,000, while logic chip staff were to get as little as 50%. …
… 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. …
… 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. …
… The labor union had demanded the company allocate 15% of operating profit to bonuses for all workers, not just those at the memory chip division that supplies Tesla, Nvidia, and other big tech companies. “As the AI industry drives record operating profits, union members are in a structure where the… …
… 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. …
… 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. …
