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tomshardware.com › tech-industry

Samsung holds desperate final talks with union over 18-day chip factory strike that could cost $20 billion — government-mediated summit seeks to avert industrial action that could hit HBM production

… They estimate that allocating 10% to 15% of operating profit as performance bonuses and raising base salaries by 5% would generate KRW 21 trillion to KRW 39 trillion $14.3 billion to $26.5 billion in additional labor costs above current projections. …

May 11, 2026 · Luke James
tomshardware.com › tech-industry

Samsung's critical union negotiations break down eight days before planned 18-day chip factory strike that's projected to cost $700 million per day — Korean PM calls emergency meeting as strike looms

… Samsung said it regretted the outcome and would continue seeking dialogue. “We spent 16 out of the 17 hours of mediation simply waiting around,” Choi said, according to Korea JoongAng Daily . “We declared the negotiations over because management kept extending the mediation without making any meani… …

May 13, 2026 · Luke James
tomshardware.com › tech-industry › artificial-intelligence

AI cost crisis hits tech giants as employee 'tokenmaxxing' backfires, sparking corporate pullback at Microsoft, Meta, and Amazon — agentic AI eats up to 1000x more tokens than standard AI

… It’s unclear yet whether these companies will change their policies now that increased token use, which comes with associated costs, has become an issue. AI is indeed a useful tool, but some companies are using it to replace people in a bid to cut labor costs. …

May 23, 2026 · Jowi Morales
tomshardware.com › tech-industry

Samsung granted court injunction against imminent strike action in last-minute reprieve — talks resume as unions barred from occupying or locking facilities, obstructing workers

… Such a government order would, in theory, prevent strike action for 30 days while mediation and arbitration are conducted by the country's Labor Relations Commission. Follow Tom's Hardware on Google News , or add us as a preferred source , to get our latest news, analysis, & reviews in your feeds. …

May 18, 2026 · Stephen Warwick

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