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  • AJP Watch: Samsung closes pay gap with SK hynix in landmark semiconductor labor accord AJP Watch: Samsung closes pay gap with SK hynix in landmark semiconductor labor accord SEOUL, May 21 (AJP) -Samsung Electronics employees in its memory-chip division could receive performance bonuses of up to 600 million won ($440,000) this year under a landmark labor agreement that mirrors — and in some cases surpasses — rival SK hynix’s uncapped AI-era reward system that has transformed compensation expectations across Korea’s semiconductor industry. The provisional wage de
  • Samsung Live: Strike suspended, union puts the agreement to vote until May 27 Samsung Live: Strike suspended, union puts the agreement to vote until May 27 SUWON, May 20 (AJP) -Samsung Electronics narrowly avoided a closely watched 18-day general strike late Wednesday after marathon last-minute negotiations led by Labor Minister Kim Young-hoon produced a tentative wage agreement between management and the company’s largest labor union. The deal halted what could have become the biggest labor disruption in the history of the world’s largest memory ch
  • Samsung Live: Samsung Union halts historic strike after eleventh-hour wage deal Samsung Live: Samsung Union halts historic strike after eleventh-hour wage deal SEOUL, May 20 (AJP) - Samsung Electronics' largest labor union on Wednesday night suspended its planned full-scale strike, narrowly averting a historic walkout just an hour before it was scheduled to begin. The dramatic breakthrough came after management and union leadership reached a tentative agreement on the 2026 wage negotiations. "The general strike scheduled from May 21 to June 7 will be s
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