Samsung chip workers approve bonus deal, averting strike
Samsung Electronics' chip workers' union has approved a bonus agreement, with 73.7% of voting members backing the deal. The agreement allocates 10.5% of the chip division's operating profit for special bonuses, easing concerns about potential chip production delays. The vote was held to ratify the deal and avoid a strike that could have disrupted global semiconductor supply chains.
Key facts
- 73.7% of balloting union members backed the agreement
- The agreement sets aside 10.5% of chip division operating profit for special bonuses
- The vote was held to ratify the deal
- The deal eases worries about chip delays
- Samsung Electronics is the company involved
- The union represents chip workers
- The agreement was approved by union members
- The bonus is tied to chip division operating profit
Entities
Institutions
- Samsung Electronics
Sources
- Quartz —