Samsung reaches deal to avert strike over AI profits
Samsung Electronics has reached a last-minute agreement with its largest labor union to avoid an 18-day strike. The deal includes a bonus pool equivalent to 13% of operating profit, which amounts to approximately $340,000 per employee. This agreement was made to address the union's demands for a more favorable profit-sharing arrangement compared to their competitor, SK Hynix.
- ▪Samsung's labor union secured a bonus pool worth 13% of operating profit.
- ▪The agreement prevented an 18-day strike involving 48,000 workers.
- ▪The negotiated bonus amounts to roughly $340,000 per employee.
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Samsung reaches deal to avert strike over AI profits The tech giant's largest labor union secured a bonus pool worth 13% of operating profit, narrowly avoiding an 18-day walkout by 48,000 workers. Share Add us on Google by Editorial Team May. 21, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Samsung Electronics just dodged a bullet.
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