semiconductor / news / / The Economic Times
Samsung Electronics faces its worst-ever strike as nearly 48,000 workers threaten an 18-day walkout.
Nearly 48,000 Samsung Electronics workers, 38% of its domestic workforce, plan an 18-day strike.
KEY POINTS
- Samsung's union demands permanent removal of the 50% annual salary bonus cap and 15% profit allocation.
- SK Hynix abolished its bonus cap last year, resulting in bonuses over three times higher than Samsung's.
- An 18-day strike could cut global DRAM supply by up to 4% and NAND by 3%.
COMPANIES
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