Samsung on course to avoid strike with agreement on AI bonuses

Samsung and its largest union reached a tentative wage deal that could avert a strike over AI-chip bonus payouts, pending a member vote later in May.

The agreement suspends a planned walkout after a dispute over how to share chip-related profits.

A South Korean court had already limited strike actions, while Samsung reported a sharp rise in quarterly profit on strong memory-chip demand.

Avoiding labor disruption would help protect chip output as demand stays strong in a globally important market.