… Labor Minister Kim Young-hoon helped restart negotiations after earlier discussions broke down. Samsung’s Device Solutions negotiator, Yeo Myeong-gu, and union leader Choi Seung-ho signed the tentative agreement in Suwon. …
… In essence, the ongoing dispute centers around the union’s demand that Samsung uncap performance payouts and set them at 15% of operating profit. …
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's ability to ship AI memory on schedule, according to a Seoul Economic Daily report published yesterday. …
… Enter: the new XPS 14 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 The tech industry is moving faster than ever. …