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Sat, 09 May 2026 18:21:50 -0700 marlon from private IP, post #19254091 /all Roundhill ETF Trust - Roundhill Memory ETF https://stocktwits.com/symbol/DRAM https://finance.yahoo.com/quote/DRAM/holdings/ Sat, 09 May 2026 18:28:40 -0700 marlon from private IP Reply #11585248 https://www.tomshardware.com/tech-industry/big-tech/samsung-chip-workers-reject-usd340-000-one-time-bonus-demand-annual-payouts-like-sk-hynixs-usd900-000-workers-want-share-of-ai-windfall-impending-18-day-strike-could-cost-samsung-up-to-usd11-7-billion Samsung chip workers reject $340,000 one-time bonus, demand annual payouts like SK hynix's $900,000 — workers want share of AI windfall, impending 18-day strike could cost Samsung up to $11.7 billion News By Jowi Morales published 3 days ago Samsung semiconductor workers want a bigger slice of the AI pie. Negotiations between the National Samsung Electronics Union, which represents workers in the company’s chipmaking division, and management have seemingly broken down over a single issue. According to the Financial Times, the two sides are close to agreeing on an allocation of 13% of operating profit, which works out to be roughly $340,000 USD per employee, as a bonus to the workers. However, company management is only willing to give this as a one-time offer, while the union wants the allocation to be guaranteed annually and included in the agreement that the two sides will sign. The issue about the bonus was brought to national attention when more than 30,000 Samsung workers took to the streets in late April to demand a bigger slice of the profits that Samsung is making from the AI infrastructure buildout. This demand stemmed from a comparison with SK hynix workers, who were guaranteed bonuses of $477,000 each this year, and almost doubled to $900,000 next year. Furthermore, these bonuses are guaranteed for the next ten years. The massive amount stemmed from the windfall that the memory and storage chip manufacturer is making from the AI infrastructure build-out, with AI data centers and hyperscalers willing to pay a premium just to secure the chips they need. The workers argue that even though Samsung is much larger, their bonuses only equate to less than 30% than what SK hynix offers to its people. Their initial demand was a 15% cut in the semiconductor fab’s operating profit, a removal of the 50% bonus cap, and a 7% wage hike, while management countered with a 10% allocation, a 6.2% pay increase, and other benefits like preferential mortgage rates. It seems that the two sides have finally settled on the 13% bonus allocation, and the only question remaining is whether management will agree to a guaranteed annual bonus. Latest Videos From How To Check Your CPU Temperature You may like Samsung chip fab workers strike More than 30,000 Samsung union members take to the streets to demand higher cut of AI profits, an average of $400,000 per worker SK hynix Every SK hynix employee could receive $477,000 bonuses this year, almost $900,000 next year Union rally causes Samsung fab production to plummet by 58% during night shift as workers demand up to $400,000 bonuses Samsung is facing the threat of a massive strike if the two parties fail to come to an agreement. The union said that it will conduct a general strike from May 21 to June 7 — meaning Samsung’s chip fab operations will be crippled for at least 18 days. It should be noted that the single-day action in April resulted in a 58% drop in production for just a single shift. Prof. Kwon Seok-joon of Sungkyunkwan University told the Financial Times that an action like this could cost Samsung somewhere between $6.9 billion and $11.7 billion in direct losses, with an even larger amount in indirect costs. Furthermore, it will damage Samsung’s reputation as a supplier for HBM4 chips, especially with the tight competition between the three major memory and storage chip manufacturers. Kwon also noted that it’s harder for Samsung to just grant the bonus, even if it comes from operating profits and not revenue. Unlike SK hynix, which is a standalone fab, Samsung’s semiconductor fab operates under the larger Samsung Electronics company, which itself is part of the larger Samsung Group. Other arms of the company are said to be struggling because of the higher costs brought about by the chip shortage, even as the semiconductor division is making record profits. If the fab workers get their desired bonus, workers from less profitable divisions might feel that they’re being short-changed. Because of this, a smaller union, whose members mostly come from Samsung’s smartphone, TV, and home appliances lines, has reportedly pulled out of the planned joint strike. Should management grant the semiconductor division’s demand for a bonus allocation of 15% of operating profits, Kwon told FT that “the maths gets uncomfortable fast.”Replies require login.