Samsung Union Wage Agreement Vote Sees Significant Increase, Final Approval Within Reach

BlockBeats News, May 25th, the largest union of the Samsung Group saw a sharp increase in the approval voting rate for the 2026 wage and collective bargaining preliminary agreement. Therefore, the expected approval of the agreement is rising. However, due to the significant bonus gap between the semiconductor division and the device experience division, as well as between the memory and non-memory divisions, the debate on fairness is expected to continue.

According to the union, as of 8:29 a.m. local time on the 25th (7:29 a.m. Beijing time), out of 57,291 eligible voters, 49,363 have voted for the approval of the wage and collective bargaining preliminary agreement, with a voting rate of 86.16%. This vote is the final step to decide whether to accept the preliminary agreement reached by the labor and management on wage and collective bargaining. The core of this agreement is to allocate 10.5% of the operational performance of the DS division as a special management performance bonus fund, to be paid in the form of stock shares.

The industry believes that the approximately 80% of DS division members, which represent the majority of the union, are likely to drive the agreement through. As long as the majority of eligible voters participate and the majority of participating voters approve, the vote will be finally confirmed. The voting will end at 10 a.m. on the 27th. (Jinse)