semiconductor / news / / Free Press Journal
Tens of thousands of workers descended on Samsung's sprawling chip factory complex, demanding fairer wages.
Union membership at Samsung has tripled to over 90,000, representing over 70% of its South Korean workforce.
KEY POINTS
- Samsung unions are demanding removal of the 50% annual bonus cap and a 7% base salary hike.
- SK Hynix scrapped its bonus cap in September and agreed to higher compensation, intensifying wage gap concerns.
- Unions have threatened an 18-day strike starting May 21, potentially impacting global chip supply and prices.
COMPANIES
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