… 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. …
… 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… …
… 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. …
… 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. …
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. …
… Samsung is facing employee protests over demands for wages that are more competitive with rival chip manufacturer SK Hynix, including removing Samsung’s cap on bonus pay, allocating more money for bonuses, and raising base salaries. …
