this post was submitted on 16 May 2026
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[–] fubarx@lemmy.world 90 points 2 days ago (3 children)

https://www.techspot.com/news/112343-samsung-chip-workers-reject-340000-bonus-sk-hynix.html

For context, Samsung offered the workers a one-time $340K bonus. Workers refused, since their competitor SK-Hynix has annual employee profit-sharing. SK employees are getting $477K bonuses this year, and $900K next year. The 18 day strike will cost Samsung around $250K loss per employee. This likely won't be the last strike.

The disputes are over profits from HBM memory used in AI servers. Expect memory prices to keep going up.

[–] DarrinBrunner@lemmy.world 8 points 20 hours ago

One-time payouts are for suckers. It's not just a payout, it's also agreeing to a new contract.

Never blame workers for demanding more, even if the amount seems high to you. It's not the workers who are fucking us over, it never is. It's the billionaires, the company owners, the top management.

Solidarity!

[–] crystalmerchant@lemmy.world 12 points 2 days ago (3 children)
[–] RememberTheApollo_@lemmy.world 30 points 2 days ago* (last edited 22 hours ago) (1 children)

Quick read of the article and it only shows “$” and not ₩. So I assume that means USD.

That’s a big payout, and it shows how much we’re getting gouged for memory prices.

E: it’s ₩. Jessica found a better article.

[–] Jessica@discuss.tchncs.de 35 points 1 day ago* (last edited 1 day ago) (1 children)

OP's article sucks. It is all in Won according to this article from Tom's hardware

https://www.tomshardware.com/tech-industry/samsungs-last-ditch-union-talks-collapse-eight-days-before-planned-18-day-chip-factory-strike

Professor Song Heon-jae of the University of Seoul puts the figure higher, projecting losses of approximately 1 trillion won ($700 million) per day from factory shutdowns, Seoul Economic Daily reported on April 26.

So Samsung offered like $225 USD for a one time bonus to these employees. No wonder they're striking

[–] RememberTheApollo_@lemmy.world 8 points 1 day ago* (last edited 1 day ago)

Ah, that makes more sense. $225 is minimal for a “bonus” payout. Thanks for finding a better source.

[–] Jessica@discuss.tchncs.de 2 points 1 day ago (1 children)

Why would a company in Korea be paying Koreans in American currency?

[–] Zagorath@quokk.au 3 points 1 day ago

It wouldn’t, but translating to the currency of the reader is very commonplace.

[–] Goodlucksil@lemmy.dbzer0.com 1 points 2 days ago

That's a one-time, but that's less than 200K per month (still a lot)