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The Guardian - UK
The Guardian - UK
Technology
Graeme Wearden

Samsung memory chip staff in line for £310,000 bonuses after AI profit-sharing deal

A South Korean enters the Samsung Electronics headquarters in Seoul, South Korea
Samsung averted fears of a strike after the deal was made to pay special bonuses to employees at the world’s largest memory chipmaker. Photograph: Jeon Heon-Kyun/EPA

Employees at Samsung Electronics’ 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 74% of the 62,616 workers who cast their votes had backed the deal.

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