Historic agreement, relief for the world economy: bonus of 343 thousand euros for each Samsung worker

Historic agreement, relief for the world economy: bonus of 343 thousand euros for each Samsung worker

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Historic agreement, relief for the world economy: bonus of 343 thousand euros for each Samsung worker

It is one of the largest profit-sharing agreements ever recorded in the technology industry. And the chips continue.

It is a case that is already becoming a symbol of a new reality of work in the era of artificial intelligence (AI): if companies can profits historical, the workers are putting more and more pressure on take part of these profits.

A Samsung reached a agreement history with the workers of your division semiconductors.

The agreement provides for prizes that could exceed US$400,000 (R$ 343 thousand) per worker.

It is one of the largest profit-sharing agreements ever recorded in the technology industry.

10,5% of the division’s operating profits will be distributed in the form of shares e prizes financial.

Depending on the company’s future performance, some memory workers may each receive amounts close to 600 million South Korean won, equivalent to around 343 thousand euros.

The agreement was approved by approximately 74% of the union members involved and covers approximately 78 thousand workers of the South Korean company’s semiconductor unit.

Strike lasted 18 days

At issue was a months-long labor dispute about how the extraordinary profits generated by boom of AI should be distributed by employees.

It’s a relief for the world economy: was in sight prolonged strike – which threatened to disrupt the global food supply chain chips.

A pressure union increased as the results Samsung financial they were shooting.

The global demand for chips of high-bandwidth memory — essential for data centers and artificial intelligence systems — led the semiconductor division’s profits to grow exponentially.

Samsung can reach profits operational record in the coming years, following the sector’s stock market appreciation.

The threat of a 18 day strike alarmed South Korean investors and authorities, fearful of impacts on global semiconductor production.

Samsung is one of the leading global memory suppliers for technology companies and AI platforms, with a central role in the sector’s current expansion cycle.

They also want

Despite the signing of the agreement, the understanding generated internal tensions within the multinational.

It’s just that, now, workers from other divisionssuch as consumer electronics and mobile devices, criticized to huge difference between the bonuses given to semiconductor employees and the much more modest bonuses received in other areas of the company.

This historic agreement at Samsung could influence future labor negotiations across the semiconductor industry.

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