{"id":1009120,"date":"2026-05-22T08:36:07","date_gmt":"2026-05-22T03:06:07","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1009120"},"modified":"2026-05-22T08:40:59","modified_gmt":"2026-05-22T03:10:59","slug":"samsungs-deal-with-union-hailed-as-a-victory-as-bonuses-less-generous-than-sk-hynixs","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/05\/22\/samsungs-deal-with-union-hailed-as-a-victory-as-bonuses-less-generous-than-sk-hynixs\/","title":{"rendered":"Samsung&#8217;s deal with union hailed as a victory as bonuses less generous than SK Hynix&#8217;s"},"content":{"rendered":"<p>SEOUL: The pay deal reached between Samsung Electronics and its union is being hailed as a win for the company which gained key concessions and averted a massive strike, as well as for its memory chip workers &#8211; some of whom will receive $416,000 bonuses. <\/p>\n<p>Samsung&#8217;s shares surged 8.5% to a record high on Thursday after the planned 18-day strike by some 48,000 domestic workers was suspended. Union members will vote on the government-mediated agreement between May 22 and May 27. The union&#8217;s leader has said he expects it to be ratified.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SEOUL: The pay deal reached between Samsung Electronics and its union is being hailed as a win for the company which gained key concessions and averted a massive strike, as well as for its memory chip workers &#8211; some of whom will receive $416,000 bonuses. Samsung&#8217;s shares surged 8.5% to a record high on Thursday after the planned 18-day strike by some 48,000 domestic workers was suspended. Union members will vote on the government-mediated agreement between May 22 and May 27. The union&#8217;s leader has said he expects it to be ratified.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1009120","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1009120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1009120"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1009120\/revisions"}],"predecessor-version":[{"id":1009121,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1009120\/revisions\/1009121"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1009120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1009120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1009120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}