Samsung chip workers have rejected a one-time bonus of $340,000 per employee, escalating a labor dispute that could disrupt DRAM production. The union is demanding annual profit-sharing payouts similar to those at SK Hynix, along with a 7% wage increase and the elimination of a 50% bonus cap.
Union rejects $340K bonus, demands annual profit sharing
The union has threatened an 18-day strike from May 21 to June 7 if its demands are not met. A previous one-day walkout on April 23 reduced output by up to 58%, according to reports. Analysts estimate a potential strike could cost Samsung up to $11.7 billion and drive memory prices higher.
Potential strike could cost Samsung $11.7 billion
The dispute highlights growing tensions between Samsung and its workforce over profit distribution. SK Hynix, a rival memory maker, already offers annual profit-sharing, which the Samsung union cites as a benchmark. The outcome could affect global DRAM supply and pricing.
Sources including Tom's Hardware and Financial Times have reported on the conflict. Samsung has not confirmed the strike timeline or any impact on production.
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