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48,000 Samsung workers had threatened to strike unless bonus caps were lifted. | Photo: Jung Yeon-je / AFP via Getty Images Details have emerged about a tentative deal struck between Samsung and semiconductor employees who had threatened to strike. The deal reportedly makes some workers eligible for average annual bonuses of $340,000. The proposed 18-day strike had hinged on Samsung's bonus cap for employees in the semiconductor division, and followed a substantial rise in the possible bonuses available to employees of SK Hynix, another South Korean chipmaker enjoying a boom thanks to demand for AI components. Under the terms of the new deal, Reuters reports that all chip workers will receive 50 percent of their annual salary as a regular bonus in cash. Furthe … Read the full story at The Verge.
Read full articleSamsung's compensation deal ensures workforce stability, mitigates financial risks, and highlights strategic profit-sharing to maintain competitiveness. The post Samsung union approves compensation deal, averting chip plant strike appeared first on Crypto Briefing.
Samsung's compensation deal ensures workforce stability, mitigates financial risks, and highlights strategic profit-sharing to maintain competitiveness. The post Samsung union approves compensation deal, averting chip plant strike appeared first on Crypto Briefing.
TSMC's price hikes could reshape the chip industry, potentially boosting competitors like Intel and Samsung if they offer lower prices. The post Taiwan Semiconductor plans 15% price hike for 3nm chips in H2 2026 appeared first on Crypto Briefing.
Micron's market cap surge highlights AI's transformative impact on tech valuations, but future growth hinges on sustained AI memory demand. The post Micron Technology joins the $1T market cap club, fueled by AI memory chip demand appeared first on Crypto Briefing.
The post UBS Names ASML (ASML) as Top Stock Pick Amid Bullish S&P 500 Outlook appeared on BitcoinEthereumNews.com. Key Takeaways UBS elevated its year-end S&P 500 projection to 7,900 from 7,500, driven by robust earnings momentum and AI sector expansion The investment bank increased its 2026 earnings per share forecast for the S&P 500 to $335, reflecting 20% anticipated growth Roughly half of the earnings revision stems from semiconductor advances and memory chip price improvements ASML Holding received UBS’s designation as the premier stock selection in today’s elevated market conditions Potential disruption at the Strait of Hormuz represents the primary short-term threat to continued market gains UBS delivered an optimistic assessment of both the US equity market and a critical chip equipment manufacturer this week, highlighting accelerating earnings trajectories and expanding AI infrastructure investment as primary catalysts. The financial institution elevated its S&P 500 year-end v
The introduction of single-stock leveraged ETFs in South Korea could amplify market volatility and influence regulatory adjustments. The post South Korea to debut single-stock leveraged ETFs linked to Samsung and SK Hynix this week appeared first on Crypto Briefing.
The introduction of single-stock leveraged ETFs in South Korea could amplify market volatility and influence regulatory adjustments. The post South Korea to debut single-stock leveraged ETFs linked to Samsung and SK Hynix this week appeared first on Crypto Briefing.
Samsung's massive bonus payout highlights the intense competition for semiconductor talent and underscores the profitability of AI-driven demand. The post Samsung to distribute $26.6B in bonuses to chip employees after union deal appeared first on Crypto Briefing.
