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
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AI GeneratedSamsung'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.