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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 › big-tech

Samsung reportedly set to distribute up to $26.6 billion to staff in AI-driven semiconductor bonuses after last-minute union deal — average payouts could approach $400,000 per chip employee

… We recently covered reports that Samsung and SK Hynix employees were considering terminating prestigious overseas training opportunities to remain eligible for bonuses. 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 21, 2026 · Etiido Uko