50,000 Samsung Electronic workers are about to go on strike. May 21.

Samsung's Pyeongtaek plant handles nearly half of global DRAM and HBM chip production. An 18 day strike disrupts that supply directly.
Talks collapsed at 3 AM Wednesday after two days of marathon negotiations. No deal reached.
Here is what the workers actually want. Samsung caps bonuses at 50% of annual salary. Rival SK Hynix abolished their cap entirely last year. SK Hynix workers got bonuses three times higher than Samsung workers.
Same industry. Same chip boom. Completely different paychecks.
Samsung just became only the second Asian company after TSMC to cross $1 trillion market cap. Record profits last quarter. Profits up eightfold year over year.
The company is making more money than ever. The workers want their share.
If 50,000 workers walk out on May 21 the consequences are immediate. AI chip shipments delayed. Chip prices pushed higher globally. Nvidia feels it. Every data centre building AI infrastructure feels it.
Samsung's Pyeongtaek plant handles nearly half of global DRAM and HBM chip production. An 18 day strike disrupts that supply directly.
SK Hynix already controls 33% of the global DRAM market. Already beats Samsung on high bandwidth memory for Nvidia. They are better positioned. Better motivated. And about to get Samsung's customers if shipments are delayed.
$Micron is the third player. Their quarterly revenue already surged 53% last quarter. A Samsung supply shock pushes chip prices higher globally. Higher prices mean higher margins for whoever is still shipping.
Samsung's board chairman warned it could hurt investors and damage South Korea's entire economy.
The workers said they are willing to talk. But only if Samsung brings a proper proposal.
Eight days left.