ReferIndia News Samsung Union approves wage deal to avert strike; Secures 10.5% chip profit bonus pool

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Samsung Union approves wage deal to avert strike; Secures 10.5% chip profit bonus pool

Published on: May 27, 2026, 11:30 a.m. | Source: The Tribune

Samsung Electronics avoided a looming labor disruption after union members voted on Wednesday to approve a tentative 2026 wage and bonus agreement. The deal introduces a special management bonus pool equivalent to 10.5 per cent of the operating profit from the company's semiconductor business.

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