semiconductor / news / / The Associated Press
Thousands of Samsung workers rally at its computer chip complex in Pyeongtaek, South Korea.
About 40,000 Samsung Electronics workers rallied at the Pyeongtaek chip complex demanding higher bonuses.
KEY POINTS
- The union has threatened an 18-day walkout starting May 21 if bonus negotiations fail.
- Samsung projected a record 57.2 trillion won Q1 operating profit, exceeding SK Hynix's recent record.
- The union claims a walkout could cost Samsung over 1 trillion won ($676 million) per day.
- Helium supply disruptions and rising energy costs from conflict in the Middle East may affect chip production.
COMPANIES
Summarized by Newsio from The Associated Press. How we summarize →