Last week, Samsung narrowly swerved a planned South Korean factory strike with a last-minute deal. The workers' union had agreed to not go ahead with the strike planned to commence on May 21 as it put a fresh proposal to an internal vote.
That vote has since taken place, with 74% of union members voting in favour of a profit sharing deal that could result in workers taking home an average of $340,000 in bonuses (via Bloomberg). It just goes to show what can be achieved through collective bargaining power, especially in an industry so central to AI as memory manufacturing has become.
The agreement will see 78,000 semicon...
English (US)