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The Economic Times
The Economic Times
Technology

Samsung chip employees to get average $338,000 bonus under strike deal

Samsung Electronics chip employees are expected to receive average bonuses worth 509 million won ($338,000) this year, a company official said Thursday, under a tentative deal between management and labour unions to avert a strike.

The tech giant and its union reached the provisional agreement late Wednesday following last-minute government-mediated talks, avoiding a planned 18-day strike that was set to begin Thursday.

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