74% of Samsung Electronics employees vote in favor of the wage agreement, and strike expectations cool down

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BlockBeats News, May 27 — Samsung Electronics' union announced that 74% of employees voted in favor of the wage agreement, and the strike expectations have eased.

Samsung Electronics' union originally planned to launch an 18-day strike starting May 21. The main reason is to share more dividends in 2026, when the company's AI semiconductor business is expected to achieve record-high profits. The union demands the removal of the performance bonus cap, the institutionalization and transparency of allocating 15% of the company's operating profit as performance bonuses, and a 7% increase in basic wages to narrow the pay gap with competitor SK Hynix. Samsung management is only willing to offer a one-time special bonus or a limited 10% profit-sharing plan, and does not agree to permanently change the system, fearing increased long-term operational burdens, reduced competitiveness, and impact on shareholder interests.

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OffshoreWindOrder
· 7h ago
The union finally relented; the 18-day strike came at a significant cost.
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GateUser-744c843b
· 20h ago
A 7% basic salary increase is considered generous in the semiconductor industry.
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StargazerInTheWoods
· 20h ago
Worrying about competitiveness is an excuse; SK Hynix didn't go bankrupt either.
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BetweenBidAndAsk
· 20h ago
The performance bonus cap has been removed; the more you work, the more you earn. Support.
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BetaParanoiac
· 20h ago
A cooling of the strike is good for the supply chain, and the whole world is watching.
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MoonlightReef
· 20h ago
Permanent institutional reform is the hardest to discuss; let's consider this a temporary victory this time.
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GasfeeComplainer
· 20h ago
10% vs 15%, the gap isn't large but the symbolic meaning differs
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EbbShellLedger
· 20h ago
Samsung Union was rational this time, didn't fight to the death.
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AirdropMileCounter
· 20h ago
Sharing the dividends when AI semiconductor profits soar; this approach is quite forward-looking.
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DeltaSmile
· 20h ago
74% of votes in favor, indicating that most people are fairly satisfied with the protocol.
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