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Samsung Electronics employees earned an estimated average of 36 million won ($26,500) in the first quarter of 2026, or roughly 12 million won per month, according to a report released Monday by the Korea CXO Institute. The chaebol tracker estimated Samsung’s total payroll at between 4.25 trillion won and 4.79 trillion won based on the company’s reported “salary by nature” figure of 5.6 trillion won for the January-March period. Historically, Samsung’s payroll has accounted for about 76 percent t
Samsung Electronics and its labor union are set for what could be their final wage negotiations Monday before a planned strike, following a rare public apology and appeal for unity from Chair Lee Jae-yong. According to industry sources Sunday, management and union representatives will hold a second round of post-mediation talks at the National Labor Relations Commission before the union’s planned 18-day walkout begins Thursday. In a sign of the talks’ significance, commission chair Park Soo-geun
Samsung Electronics is preparing to mass-produce next-generation Compute Express Link (CXL) memory modules as early as the fourth quarter, to capture rising demand for flexible AI data center memory beyond DRAM and HBM. According to industry sources Wednesday, the chipmaker plans to supply samples of its CXL 3.1-based CMM-D memory modules to major server and hyperscale customers in the third quarter. Mass production could begin later this year if the products pass customer qualification tests. C
Samsung Display and LG Display expanded their share of the global smartphone OLED panel market in the first quarter of 2026, even as the industry contracted, with Chinese competitors absorbing more than twice the volume decline as a memory chip price surge forced their smartphone customers to cut production. Total smartphone OLED panel shipments fell 12 percent year-on-year to 190 million units in the first quarter, also down 20 percent from the previous quarter, Seoul-based market researcher UB
A looming strike at Samsung Electronics could send shock waves through global supply chains and dent South Korea's investment appeal, the American Chamber of Commerce in Korea said Monday. The concern comes as labor tensions at the chipmaker intensify ahead of a possible 18-day walkout set for May 21, with workers demanding the removal of caps on performance bonuses and a 15 percent share of operating profit as incentive pay. The concern reflects the chip giant's outsized role amid the global ar
Dua Lipa has filed a $15 million lawsuit against Samsung Electronics, alleging the company used her image on television packaging without authorization or compensation. Citing a complaint filed Friday in the US District Court for the Central District of California, Variety reported Saturday that Samsung used Lipa’s likeness on cardboard TV packaging beginning last year as part of a mass-market marketing campaign. The lawsuit claims the image was used without Lipa’s knowledge or consent, creating
A Samsung Electronics engineer once saw his “core talent” contract as proof that the company wanted him to stay. The extra pay helped. The label mattered because it suggested that Samsung knew which engineers were hard to replace and would treat them that way. That belief has since been strained. “Watching how Samsung has handled the bonus fight lately, I’ve lost a lot of affection for the company,” said the employee, who asked not to be named because he is not authorized to speak publicly. “Now
Samsung Electronics’ largest labor union said Friday it will enter post-mediation talks with management next week, opening another round of negotiations before a full-scale strike planned for May 21. The Samsung Electronics Labor Union said the decision followed a meeting with Kim Do-hyung, chief of the Gyeonggi branch of the Ministry of Employment and Labor, and a separate tripartite session involving labor, management and government officials. The talks are set for Monday and Tuesday, the unio
Samsung Electronics is expanding staffing for its robotics control tower as the South Korean tech giant seeks to expand its robot business, industry sources said Friday. The company’s device experience division is set to close applications Friday for an internal hiring drive for its future robotics promotion team, a unit established late last year after Samsung became the largest shareholder in Rainbow Robotics. Samsung recently held briefing sessions for employees to explain the unit’s role and
Samsung Electronics has shown that its Galaxy Watch can predict vasovagal syncope with high accuracy using its biosignal analysis technology through a joint clinical study conducted with Chung-Ang University Gwangmyeong Hospital. The results of the research were published in the European Heart Journal Digital Health, the official digital health journal of the European Society of Cardiology. This is the world’s first research to show that syncopal attacks can be predicted with a smart watch. Vaso
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