Samsung Electronics Faces Strike Threat Over Bonuses
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Samsung Electronics faces a potential strike as labor and management negotiate performance pay, with the union demanding 15% of operating profit as bonuses. This dispute raises concerns about the 'Korea Discount' risk for the company.
Kiwoom Securities forecasts Samsung Electronics' Q2 operating profit at 100 trillion won, raises target price by 27%
- Kiwoom Securities forecasts Samsung Electronics' Q2 operating profit to reach 100 trillion won, an "earnings surprise." - The brokerage raised its target price for Samsung Electronics by 27% to 330,000 won. - The forecast includes Q2 revenue of 181 trillion won and operating profit of 100 trillion won.
Samsung Electronics faces strike threat amid performance pay dispute; 'Korea Discount' risk looms
- Samsung Electronics faces a potential strike as labor and management enter government-mediated negotiations over performance pay. - The core dispute centers on the calculation of bonuses, with the u…
'Performance bonus' conflict escalates at Samsung Electronics, threatening 'Korea Discount' exit
- Samsung Electronics' labor union is demanding 15% of operating profit as performance bonuses and the abolition of the 50% bonus cap. - This demand follows SK Hynix's decision to pay 10% of operating…
Samsung Electronics labor and management to resume bonus negotiations May 11
- Samsung Electronics' labor and management will resume negotiations on May 11-12 to resolve a dispute over performance-based bonuses. - The union demands 15% of operating profit as bonuses and the ab…