…The labor union had demanded the company allocate 15% of operating profit to bonuses for all workers, not just those at the memory chip division that supplies Tesla, Nvidia, and other big…
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…
…Workers had compared their compensation unfavorably to rival SK hynix, which offered more generous bonuses last year. But while the strike threat is over, the resentment it exposed isn’t; only about…
…Unions are threatening a strike unless the chipmaker improves wages and bonuses. Two Samsung unions want the company to pay workers 15 per cent of each division’s operating profit. They want…
…Samsung's Management & Workers Make Headway In Negotiations For Bonus According to members of the union and as reported by the Herald, Samsung's management has agreed to codify workers' bonuses for…
…Chipmaking A deeper look at the chipmaking supply chain TSMC's $165 billion U.S. investments examined China reportedly reverse-engineers EUV tool China bets on DUV, as EUV blockade reshapes chipmaking…
…Big Tech Workers at Samsung's largest chip fab staged a rally today, demanding higher pay and bonuses, comparing their compensation to what SK hynix offers its people. Big Tech SPONSORED SPONSORED…
South Korean chip giant Samsung Electronics has reached an agreement with its labour union, mere hours before workers were due to begin an 18-day strike. The planned action was due to…
…Samsung is facing employee protests over demands for wages that are more competitive with rival chip manufacturer SK Hynix, including removing Samsung’s cap on bonus pay, allocating more money for bonuses…
…actually cut employee bonuses by 15% despite "soaring" profits. TSMC employees consequently spoke out on social media, including Facebook groups , threatening to follow the strike action of Samsung workers in South Korea…
