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Samsung memory chip employees set to receive £310,000 bonuses from AI profits

Agreement averts strike and shows latest impact of AI boom as two more chipmakers join $1tn club Business live – latest updates Employees at Samsung Electronics’s memory chip division are to receive bonuses averaging about £310,000 each through a landmark profit-sharing agreement, as the AI boom dri

#samsung#memory-chips#ai#profit-sharing#semiconductors

· 3 days ago· The Next Web

Korean Unions Shift Gears with Historic Samsung Pay Deal Agreement

Samsung’s 10.5%-of-profit bonus formula is only the second written profit-share agreement at a major Korean firm. Kakao’s union is already asking for more. Samsung Electronics’ unionised workforce voted in favour of the government-mediated pay agreement on Wednesday, formally closing the deal that n

#samsung#korean-unions#profit-sharing#labor-rights