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Samsung could team with Intel in US semiconductor business with the help of President Trump
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Union rally causes Samsung fab production to plummet by 58% during night shift as workers demand up to $400,000 bonuses — updated figures show over 40,000 people attended rally for better pay and bonuses
Samsung's production took a hit during a one-day strike by the labor union, with memory fab output dropping by 18% and contract chip foundry by 58.1% on the night shift. The union demands up to $400,000 bonuses, a 7% pay increase, and removal of the 50% bonus cap, while Samsung management offered a 10% operating profit bonus and 6.2% wage increase. The union plans an 18-day labor action if an agreement isn't reached, potentially costing Samsung over $20 billion. A general strike on May 21 involving 40,000 members could disrupt operations and impact the global memory chip supply.
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More than 30,000 Samsung union members take to the streets to demand an average bonus of $400,000 per worker — May 21 strike date looms, union points to rival SK hynix granting higher bonuses to its employees
Samsung union members, with over 30,000 rallying in South Korea, are demanding a $400,000 average bonus per worker, totaling $27 billion. The union seeks 15% of the company's operating profit for chip-division workers, a bonus cap removal, and a 7% pay increase. Samsung management offered a 10% profit allocation, a 6.2% wage hike, and benefits, but the union rejected it, citing SK hynix's higher bonuses. If unresolved, a strike starting May 21 could lead to significant losses for Samsung.
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Samsung engineer sentenced to 7 years in prison for selling chipmaking trade secrets to Chinese chipmaker — ex-employee supplied 10nm DRAM data to CXMT for $2 million
A Samsung engineer has been sentenced to seven years in prison for selling chipmaking trade secrets to Chinese chipmaker CXMT. The engineer, known as "Jeon," supplied detailed steps on DRAM manufacturing to CXMT for $2 million, causing potential trillions in losses for South Korea. Jeon's low compensation at Samsung was considered a mitigating factor in the sentencing. The stolen information allegedly helped CXMT advance its technology, leading to concerns about lost sales for Samsung and potential national security implications. The incident highlights the ongoing challenges of protecting intellectual property in the tech industry.
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Non-functioning counterfeit Samsung 990 Pro SSDs are circulating in Europe — Despite convincing packaging, blue PCB easily gives away the dupe
Counterfeit Samsung 990 Pro SSDs are being circulated in Europe, with a customer in Austria receiving a non-functioning fake drive despite convincing packaging. The fake drives have a blue PCB instead of the original black, making them easily distinguishable upon closer inspection. These counterfeit SSDs are not recognized as genuine products by Samsung's software and lack proper firmware naming conventions. The affected buyer also received a third suspicious drive, prompting the vendor to investigate the matter. Samsung advises consumers to purchase its products only from certified retailers to avoid falling victim to such scams.
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