Samsung Union approves wage deal to avert strike; Secures 10.5% chip profit bonus pool
Seoul [South Korea], May 27 (ANI): Samsung Electronics avoided a looming labor disruption after union members voted on Wednesday to approve a tentative 2026 wage and bonus agreement. The deal introduces a special management bonus pool equivalent to 10.5 per cent of the operating profit from the company’s semiconductor business.
According to a news report by The Korea Herald, the package received approval from 73.7 per cent of the 62,616 union members who cast ballots. Total voter turnout reached 95.5 per cent of the 65,593 eligible voters.
