Samsung averts strike with $340,000 bonuses for semiconductor workers
… With the memory sector already facing shortages and sharply higher prices, even a short stoppage could have rippled across multiple industries.Read Entire Article
… With the memory sector already facing shortages and sharply higher prices, even a short stoppage could have rippled across multiple industries.Read Entire Article
Samsung is facing the biggest worker strike in its history over employee bonuses Post your comment Comments 25 Peter 20 May 2026 Samsung Mobile hardware Other Samsung’s memory division reported record sales for Q1, but this has caused discontent within the company, specifically the Device Solutions… …
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%. …
… However, with potential bonuses that can exceed the lifetime earnings of workers in other sectors, competition for roles is sky-high. The bonuses are also reshaping decision-making within the companies themselves. …
… 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. …
… Under the tentative deal , employees in Samsung's memory division stand to receive bonuses of roughly 600 million won ~$400,000 . In contrast, workers in the DX Device eXperience division, which covers smartphones, TVs, and home appliances, would receive approximately 6 million won ~$4,000 . …
… As a result, Samsung agreed to pay nearly $26.6 billion in bonuses to chip workers, with some employees set to receive as much as $416,000. …
… 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 tech companies. “As the AI industry drives record operating profits, union members are in a structure where the… …
… 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. …
… 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 structures. …