Samsung Electronics union settlement (May 2026)
Samsung averted a strike by its South Korean union over bonuses. The company agreed to set aside 10.5% of its chip division's operating profit for special bonuses, subject to profitability targets.
Workers called off the planned strike.
Set a public benchmark for profit-sharing tied to operating profit at a major memory maker.
The Taoyuan union cites Samsung's 10.5% formula as the model it wants from Micron; the union's 15% demand sits above it.
