Samsung workers approve chip bonus deal averting strike (opens in new tab)

Unionized Samsung Electronics workers in South Korea approved a tentative wage agreement on Wednesday, ending a five-month dispute over performance bonuses tied to the company's AI chip business and averting a planned 18-day strike that had threatened global chip supplies. The union said nearly 74% of the 62,616 workers who cast ballots backed the deal; Korea Times reported a combined approval rate of 73.7% across the two unions that voted. The agreement creates a 10-year special performance ...