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Samsung Union Wage Agreement Voting Rate Surges, Final Approval Is Just One Step Away
BlockBeats News, May 25 — The voter turnout for the Samsung Group’s largest union to approve the preliminary agreement on 2026 wages and collective bargaining has surged sharply. As a result, expectations that the agreement will be approved are rising. However, given the large bonus disparities between the semiconductor sector and the device experience sector, as well as between the memory and non-memory sectors, debates over fairness are expected to continue.
According to the union, as of 8:29 a.m. local time on the 25th (7:29 a.m. Beijing time), among 57,291 eligible voters, 49,363 had voted to approve the preliminary agreement on wages and the collective agreement, for a turnout rate of 86.16%. This vote is the final step in deciding whether to accept the preliminary wage and collective bargaining agreement reached by labor and management. The core of the agreement is to set 10.5% of the DS division’s operating performance as a special management performance bonus fund and pay it in the form of treasury shares.
Industry observers believe that members from the DS division—about 80% of all union members—are likely to push for the agreement’s passage. As long as the majority of eligible members participate in the vote, and the majority of those participating vote in favor, the vote will be finalized. Voting will end at 10:00 a.m. on the 27th. (Jin10)