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Samsung consumer-device workers to rally as chip boom widens pay divide

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Samsung consumer-device workers to rally as chip boom widens pay divide
Samsung consumer-device workers to rally as chip boom widens pay divide
A Samsung Electronics union representing mainly workers in the company’s consumer-device business is set to rally in Seoul on Friday afternoon over a widening compensation gap with its semiconductor division, as the AI-driven memory boom delivers record chip profits while raising costs for smartphones, TVs and applianc
Quartz
Quartz🏁 first to report17 hrs ago
Samsung is planning a $72 billion shareholder return programme amid AI chip boom
The South Korean chipmaker plans to spend 50% of its free cash flow on the programme, which would include a special dividend