… The National Samsung Electronics Union NSEU , which has roughly 20,000 members across both chip and non-chip divisions, said it’s also voting against the deal, and NSEU official Lee Ho-seok told Reuters that some foundry workers within Samsung's chip division are also frustrated with the terms. …
… Go deeper with TH Premium: 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 TSMC responded by saying it expects employee profit-sharing bonuses to … …
Samsung’s decision to distribute nearly 40 trillion won $26.6 billion in bonuses to its chip division employees has faced backlash from workers in non-chip divisions, such as smartphone manufacturing. …
Samsung sits at the center of today's computing stack, turning out memory chips used in smartphones, electric vehicles, and the high-performance servers that run large-scale AI models. …
… This demand stemmed from a comparison with SK hynix workers, who were guaranteed bonuses of $477,000 each this year , and almost doubled to $900,000 next year. Furthermore, these bonuses are guaranteed for the next ten years. …
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. …
Internal Samsung wage negotiation transcripts obtained by Reuters show the company proposed bonuses of 607% of annual salary for its memory chip division in March, while offering workers in its loss-making foundry and System LSI businesses between 50% and 100%. …
… Leaked transcripts from the talks alleged that Samsung offered memory workers a 607% bonus worth $477,000, while logic chip staff were to get as little as 50%. …
… A recent report that SK hynix workers can expect guaranteed bonuses of $477,000 this year and almost $900,000 next year has also brought worker compensation into sharp focus. …
… Samsung is seen as short-handing its workers, and those employees are now pushing back According to the Korea Herald, Samsung's union workers are currently demanding 15 percent of the company's annual operating profit, which amounts to around $30 billion, in bonuses. …
