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Samsung strike on hold as workers push for AI bonus
The largest union representing nearly 48,000 Samsung Electronics workers suspended a planned strike after reaching a tentative pay agreement, addressing concerns over unequal bonus distribution between memory chip staff (slated for large payouts amid booming AI-driven demand) and workers in other divisions. Union members will vote on the deal from May 22-27, and Samsung’s shares rose over 8% following the announcement, temporarily easing fears of production disruptions at the world’s largest memory chipmaker.
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11- First seen
- May 21, 2026, 2:01 PM
- Last updated
- May 21, 2026, 4:05 PM
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Samsung strike on hold as workers push for AI bonus
May 21, 2026, 2:01 PM