Samsung avoids strike as workers approve massive bonus deal
Key takeaways
- Amid booming demand for AI chips, the government-backed deal will make more than 60% of the South Korean tech giant's workforce eligible for bonuses of about $370,000 this year.
- The deal comes as demand for chips for artificial intelligence (AI) data centers drives record profits and follows months of negotiations over bonuses tied to Samsung's booming semiconductor business.
- In April, Samsung's first-quarter operating profit soared roughly 750% year-on-year, while its market capitalization topped $1 trillion (€859 billion) for the first time this month.
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Amid booming demand for AI chips, the government-backed deal will make more than 60% of the South Korean tech giant's workforce eligible for bonuses of about $370,000 this year.
https://p.dw.com/p/5EN5n In April, Samsung's first-quarter operating profit soared roughly 750 percent year-on-year, while its market capitalization topped $1 trillion for the first time this month [FILE: April 23, 2026]Image: Jung Ui-Chel/Matrix Images/picture alliance Advertisement Samsung workers in South Korea approved a wage deal on Wednesday, averting a strike that had threatened to disrupt global chip supplies and dent the country's economy.
The deal comes as demand for chips for artificial intelligence (AI) data centers drives record profits and follows months of negotiations over bonuses tied to Samsung's booming semiconductor business.