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Samsung's deal with union hailed as a victory as bonuses less generous than SK Hynix's - Reuters

Samsung's deal with union hailed as a victory as bonuses less generous than SK Hynix's - Reuters

Samsung's deal with union hailed as a victory as bonuses less generous than SK Hynix's Reuters

May 21, 2026 at 10:40 AM Original source
5 agencies covered this story

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Notable Quotes

"We will do our utmost to stabilize labor-management relations at Samsung Electronics going forward."

— Choi Seung-ho , Activist

"The union had argued that workers at rival South Korean chip giant SK hynix received bonuses last year that were more than three times larger than those paid at Samsung."

— Lee Jae-yong , Executive

All Coverage

Samsung's deal with union hailed as a victory as bonuses less generous than SK Hynix's - Reuters
Reutersvia rss

<a href="https://news.google.com/rss/articles/CBMi0AFBVV95cUxQZEtqLUZ3YjBXOTJ3clo2NDNFZG0yTFI5RmdlTDhfOTdFaERxVTV0dTJfY1Zyb1owYkh3aUtXNFFCOG9SSUVfcmpBY2g0eGlEYW5CWlplRHNla0hvNS1ZdldvLW1XZXlCcUVXdW9pNmdjMDd0UFQ5eVBuYzU5dDh3QU16eVFNZUxfN1RIYWIxX0ZJMXFyVWtMOTRmc1NWUTVDYjFMX3FXYnpDd2ZiRTBDUkpUYUlpSWJ6M3hmYk5pTVdKdHNTMTh5VkdQVk83LXg0?oc=5" target="_blank">Samsung's deal with union hailed as a victory as bonuses less generous than SK Hynix's</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

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Reutersvia ai

Samsung Electronics' labor union suspended a planned 18-day strike after reaching a tentative pay agreement with the company, averting potential disruptions to the global chip supply chain.

80%
Samsung union suspends planned strike after reaching tentative pay deal
BusinessWorld Onlinevia ai 1 quote 1 person

Samsung Electronics' union suspended a planned strike after reaching a tentative pay deal with the company, averting action that threatened South Korea’s economy and global chip supply.

80%
Samsung Union Strike Deferred on Prelim Pay Deal; KOSPI Leaps 5%+
AASTOCKS Financial Newsvia ai

Samsung management and labor representatives signed a preliminary agreement on 2026 performance bonuses, leading to the deferral of a planned strike and a significant rise in the KOSPI index.

80%
Samsung shareholders vow legal action over tentative union deal
eNCAvia ai 1 quote 1 person

A group of Samsung Electronics shareholders vowed legal action against a tentative deal between the company and its largest labor union that averted a major strike.

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