Search: Unionization

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'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…

May 13, 2026 · Luke James

Samsung narrowly avoids 18-day chip strike after last-minute wage deal with 48,000-worker union — tentative deal, subject to workers' vote, suspends billions of dollars worth of potential losses

Samsung Electronics has narrowly avoided an 18-day strike at its South Korean chip operations after reaching a last-minute tentative wage agreement with its labor union on Wednesday — just hours before…

May 20, 2026 · Etiido Uko

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

…More than 2,500 members recently left Samsung's largest union, objecting to what they viewed as memory-focused demands that offered little to employees outside the chip business. Union head Choi…

May 11, 2026 · Luke James

Angry TSMC employees considering strikes, unionization over employee bonuses, report claims — company reportedly considering 15% payout cut to fund capex despite record revenues fuelled by AI surge

TSMC employees are openly discussing forming a union and staging a strike after rumors spread that the company plans to cut performance bonuses by approximately 15%, according to a DigiTimes report published…

May 26, 2026 · Luke James

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

…A statement from the union reported by Reuters said that the action wouldn't stop the strike from going ahead if no deal can be reached, but that the union would "engage…

May 18, 2026 · Stephen Warwick

Samsung meeting transcripts show memory workers offered incredible 607% bonus worth $477,000, while logic chip staff get as little as 50% — union says misbalance 'creates a retention crisis the company cannot afford'

Samsung meeting transcripts show memory workers offered incredible 607% bonus worth $477,000, while logic chip staff get as little as 50% — union says misbalance 'creates a retention crisis the company cannot…

May 18, 2026 · Luke James

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

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. According…

May 21, 2026 · Etiido Uko

Samsung's $400,000 payout for memory workers sparks revolt as other divisions get only $4,000, fueling intentional production slowdowns — internal resentment disrupts packaging operations, major AI chip project decisions to a complete halt

Samsung's tentative profit-sharing deal with its largest labor union averted an 18-day strike just days ago, but the agreement has triggered internal conflict that’s now threatening the company…

May 23, 2026 · Luke James

Samsung $400,000 worker bonuses near approval after clearing legal challenge — non-chip employees in line for just $4,000 launch last-minute bid to scupper deal with union

…Over 90% of eligible members of the larger Samsung Electronics Labor Union (SELU), which led negotiations, had already cast ballots by Tuesday morning. The vote closes Wednesday and is widely expected to…