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Samsung unions threaten strike action, FT reports

Samsung’s (SSNLF) unions are threatening an 18-day strike if the company does not raise wages and bonuses, including demands for a 7% wage increase and a payout of 15% of each division’s operating profits, amid ongoing tensions over how workers share in the gains from surging AI-driven semiconductor demand, particularly for high-bandwidth memory chips used in data centers, The Financial Times’ Daniel Tudor reports. Samsung has offered to allocate about 13% of operating profit to chip division staff, according to a person familiar with the situation.

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