Samsung union approves compensation deal, averting chip plant strike

Samsung's compensation deal ensures workforce stability, mitigates financial risks, and highlights strategic profit-sharing to maintain competitiveness. The post Samsung union approves compensation deal, averting chip plant strike appeared first on Crypto Briefing.

TSMC's price hikes could reshape the chip industry, potentially boosting competitors like Intel and Samsung if they offer lower prices. The post Taiwan Semiconductor plans 15% price hike for 3nm chips in H2 2026 appeared first on Crypto Briefing.

The introduction of single-stock leveraged ETFs in South Korea could amplify market volatility and influence regulatory adjustments. The post South Korea to debut single-stock leveraged ETFs linked to Samsung and SK Hynix this week appeared first on Crypto Briefing.

The introduction of single-stock leveraged ETFs in South Korea could amplify market volatility and influence regulatory adjustments. The post South Korea to debut single-stock leveraged ETFs linked to Samsung and SK Hynix this week appeared first on Crypto Briefing.

48,000 Samsung workers had threatened to strike unless bonus caps were lifted. | Photo: Jung Yeon-je / AFP via Getty Images Details have emerged about a tentative deal struck between Samsung and semiconductor employees who had threatened to strike. The deal reportedly makes some workers eligible for average annual bonuses of $340,000. The proposed 18-day strike had hinged on Samsung's bonus cap for employees in the semiconductor division, and followed a substantial rise in the possible bonuses available to employees of SK Hynix, another South Korean chipmaker enjoying a boom thanks to demand for AI components. Under the terms of the new deal, Reuters reports that all ​chip workers will receive 50 percent of their annual salary as a regular bonus in cash. Furthe … Read the full story at The Verge.

Samsung's massive bonus payout highlights the intense competition for semiconductor talent and underscores the profitability of AI-driven demand. The post Samsung to distribute $26.6B in bonuses to chip employees after union deal appeared first on Crypto Briefing.

Samsung's strike avoidance stabilizes chip supply, boosting AI infrastructure growth and positively impacting both tech equities and AI-related crypto tokens. The post South Korea’s KOSPI surges 8% as Samsung averts major chip factory strike appeared first on Crypto Briefing.

The tentative deal's outcome could redefine labor dynamics in Korea's tech sector, impacting Samsung's cost structure and market competition. The post Samsung Electronics strike on hold as union votes on pay deal appeared first on Crypto Briefing.