Samsung workers approve bonus deal after big AI profits

SEOUL: Samsung Electronics union members on Wednesday approved a deal with management securing massive annual bonuses after threatening a major strike, as the global artificial intelligence boom causes the South Korean chip giant’s profits to soar.

It means that around 78,000 employees from the company’s 125,000-strong domestic workforce are eligible to receive a bonus of roughly 370,000 dollars this year, based on a market estimate of annual operating profit.

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