Agreement averts strike and shows latest impact of AI boom as two more chipmakers join $1tn club
Employees at Samsung Electronics’s memory chip division are to receive bonuses averaging about £310,000 each through a landmark profit-sharing agreement, as the AI boom drives up chipmakers’ profits.
Fears of a strike at Samsung were averted on Wednesday after two unions for the world’s largest memory chipmaker said that 74% of the 62,616 workers who cast their votes had backed the deal.
Agreement averts strike and shows latest impact of AI boom as two more chipmakers join $1tn clubBusiness live – latest updatesEmployees at Samsung Electronics’s memory chip division are to receive bonuses averaging about £310,000 each through a landmark profit-sharing agreement, as the AI boom drives up chipmakers’ profits.Fears of a strike at Samsung were averted on Wednesday after two unions for the world’s largest memory chipmaker said that 74% of the 62,616 workers who cast their votes had backed the deal. Continue reading…
Discover more from Stayupdated.co.uk
Subscribe to get the latest posts sent to your email.
