i would be very much ok with silicon shortages due to labor movements for a change.
fuck samsung btw.
At least this would be a reason instead of them just giving imaginary stock to companies who are paying in imaginary money
A strike would be fascinating. You can’t just stop a chip fab. There could be huge batch losses.
indeed, the workers hold a lot of power here
I am scared to see what south Korea would do in response to a strike.
And realize I fully expect south Korea to not allow any labor power without knowing if that’s even the case
Negotiations between the National Samsung Electronics Union, which represents workers in the company’s chipmaking division, and management have seemingly broken down over a single issue. According to the Financial Times, the two sides are close to agreeing on an allocation of 13% of operating profit, which works out to be roughly $340,000 USD per employee, as a bonus to the workers. However, company management is only willing to give this as a one-time offer, while the union wants the allocation to be guaranteed annually and included in the agreement that the two sides will sign.
That “over a single issue” made it sound like some minor disagreement hah
Modern news isn’t there to inform with facts, they exist to drive public opinion in the direction the controlling class wants.
A story reading:
Union demands a fair share of massive profits across all employees and rejects the ruling C suites making the lions share of the profit for themselves…
Doesn’t push the narrative the same way as:
Union shuts down the company for 18 days costing tens of billions of dollars in losses for a single issue.
