Samsung Electronics

Samsung memory-chip workers reached a tentative deal on bonuses after threatening to strike, with an average annual bonus around $340k and a policy to pay 50% of annual salary as a cash bonus.

Over 47,000 Samsung Electronics workers plan an 18-day strike at domestic chip plants after failed bonus talks, with the union demanding 15% of operating profit for the chip division; mediation offered by Korea’s labor regulator was rejected, signaling a potential supply disruption for memory chips amid a shortage.

Samsung workers threaten an 18-day strike at the Pyeongtaek campus, potentially worsening memory chip supply.