Home / News / World News / Article / Thousands rally at Pyeongtaek chip complex demanding higher bonuses

Thousands rally at Pyeongtaek chip complex demanding higher bonuses

Thousands of Samsung Electronics workers protested at the company’s chip complex in Pyeongtaek, South Korea, demanding higher bonuses and threatening strike action. The rally came as AI-driven demand boosts memory-chip profits across the sector

Listen to this article :
Samsung Electronics labour union members at the company’s factory, demanding higher bonuses and threatening a strike. PIC/AFP

Samsung Electronics labour union members at the company’s factory, demanding higher bonuses and threatening a strike. PIC/AFP

Thousands of Samsung Electronics workers rallied on Thursday at its computer chip complex in Pyeongtaek, South Korea, demanding higher bonuses and threatening to strike as booming demand for Artificial Intelligence (AI) drives up memory-chip profits. 

Union officials said about 40,000 members participated. The rally came hours after Samsung’s cross-town rival, SK Hynix, posted an all time high in quarterly revenue.

How do you like the new new mid-day.com experience? Share your feedback and help us improve.

Read Next Story
US Army eyes robots for battlefield evacuation

Trending Stories

Latest Photoscta-pos

Latest VideosView All

Latest Web StoriesView All

Mid-Day FastView All

Advertisement