# Samsung's largest labor union in South Korea has suspended the strike that was set to begin on May 21.

*semiconductor · news · 2026-05-21 · Engadget*

## Key points

- Samsung agreed to abolish the bonus cap and set aside 10.5% of annual operating profit for bonuses.
- 40% of the new bonus pool will go to memory division workers, higher than SK Hynix's payout ratio.
- Bonuses are contingent on the memory division making at least KRW 200 trillion profit from 2026 to 2028.
- Samsung will pay part of the negotiated bonuses in company stock for at least 10 years.
- Government intervention quickly restarted talks, with the Labor Minister mediating within hours of the strike's announcement.

**Companies:** Samsung, SK Hynix
**Countries:** South Korea

[Read the full story on Engadget](https://www.engadget.com/2178315/samsung-union-strike-suspended-bonuses/)

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