semiconductor / news / / The Economic Times
Samsung's labour union in South Korea is threatening to halt pay negotiations.
Samsung's union may walk out of pay talks if mediation isn't offered within hours.
KEY POINTS
- The union demands 15% of operating profit for bonuses, versus Samsung's 10% proposal.
- Workers want the removal of a 50% annual base salary cap on bonuses, like at SK Hynix.
- SK Hynix's uncapped bonuses last year were over three times higher than Samsung's.
COMPANIES
Summarized by Newsio from The Economic Times. How we summarize →