semiconductor / news / / The Mercury News
Samsung Electronics Co. will distribute about 40 trillion won ($26.6 billion) to chip employees.
Samsung will distribute about 40 trillion won ($26.6 billion) in chip employee bonuses this year.
KEY POINTS
- The new bonus program will distribute 12% of profits annually for 10 years if targets are met.
- Employees will receive an average bonus of 513 million won, with some memory division staff getting up to 600 million won.
- The bonus payout will be partly in stock, with shares sold in installments over two years.
COMPANIES
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