…Dissatisfaction grew among workers as Samsung’s semiconductor profits surged on AI-driven memory demand, with workers comparing their payouts to those at rival SK Hynix, which has offered more generous bonus…
…The union had wanted a larger share of the bonuses to be spread equally among staff. According to Reuters, a memory chip worker on a base salary of around $50,000 could…
…Samsung Electronics is stuck in a scrap with workers over how to share the spoils from the AI-driven semiconductor surge. Unions are threatening a strike unless the chipmaker improves wages and…
…Meanwhile, workers in Samsung's DX division, which covers smartphones, TVs, and home appliances, have pushed for companywide profit-sharing to be included in the talks. More than 2,500 members recently…
…Meanwhile, as we've been noting ad nauseam over the past few days, Samsung's union workers are currently demanding 15 percent of the company's annual operating profit, which amounts to…
…the impacts of what happens when worker protections, consent, and safety are ignored to scale at any cost,” protest organizers said in a statement shared with WIRED. “Together we can push back…
…The row centred on the 70,000-strong union’s demand for workers to get a slice of operating profits. Last year, SK Hynix promised staff 10 per cent of operating profits…
…Demand is surging while supply struggles to keep up, pushing prices higher and boosting Samsung’s profits. There’s another reason shares surged on Wednesday. Reports came out yesterday that Apple has…
…However, it still has to deal with possible strike actions by more than 75,000 workers in the coming weeks. The employees want to share 15% of Samsung’s annual operating profit…
…threatening to follow the strike action of Samsung workers in South Korea. Digitimes says that TSMC responded by promising that, "employee profit-sharing bonuses, which are based on performance evaluations, will see…