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Samsung Chip Workers Secure $340K Bonuses After Threatening Strike

The Verge · Friday, May 22, 2026 · Category: Industry
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Samsung Chip Workers Secure $340K Bonuses After Threatening Strike

Samsung and its semiconductor workers have reached a tentative agreement that could see some employees receive bonuses totaling $340,000 annually. The deal was struck after 48,000 Samsung workers threatened to strike over bonus caps in the company's semiconductor division. The negotiations came as Samsung's memory chip business benefits from surging demand for AI components, with the industry experiencing significant price hikes. Under the new terms, all chip workers will receive 50 percent of their annual salary as a regular cash bonus. Additionally, Samsung will allocate 10.5 percent of its annual operating profits to stock-based bonuses specifically for semiconductor employees. The final agreement splits the stock bonus pool so that 40 percent is distributed across the entire semiconductor division, including lossmaking logic chip and third-party component units, while the remaining 60 percent goes directly to the memory chip unit responsible for the current boom. The union had pushed for more equitable distribution, wanting a larger share of bonuses spread equally among all staff members. According to Reuters calculations, a memory chip worker earning a base salary of approximately $50,000 could now be eligible for total bonuses reaching $416,000. Despite the substantial payouts, the deal appears favorable for Samsung, as its bonus structures remain smaller than those offered by local competitor SK Hynix, which has also been capitalizing on the AI-driven memory chip surge.

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