Samsung workers secure $400,000 bonus deal on AI profits
5/27/202626 min
Unionised workers at Samsung Electronics in South Korea approve a landmark profit-sharing deal, putting them in line for bonuses averaging $400,000. The agreement with the world's largest memory chipmaker avoids a strike that had threatened the global supply chain. Workers had demanded a bigger slice of the tech giant's surging profits amid the AI boom.
Also: Israel says it has killed the new head of Hamas' military wing, just days after targeting his predecessor. In the US, Maga Republicans show their dominance of the party, after Ken Paxton beats John Cornyn in the Texas Senate primary. Spanish police raid the headquarters of the governing Socialist Party in a corruption probe. People in Iran have been able to go online to speak to family and friends outside the country, some for the first time in three months. Bolivia's Congress grants President Rodrigo Paz emergency powers to deploy troops amid widespread protests. Ghana begins repatriating around 800 of its citizens from South Africa amid hostility towards migrant workers. High cost of living and soaring sheep prices mean many cannot afford to take part in the Muslim festival of Eid al-Adha. And the Supreme Court in Italy rules that a hotel acted lawfully when it refused to give tap water to a tourist.
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First 90 secondsOliver Conway· Host0:00
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Ryan Seacrest0:03
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Ryan Seacrest1:01
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Oliver Conway· Host1:03
[gentle music] You're listening to the Global News Podcast from the BBC World Service. Hello, I'm Oliver Conway. We're recording this at 15 hours GMT on Wednesday the 27th of May. Workers at Samsung secure bonuses of nearly $400,000. Have they set a precedent for sharing out the spoils of AI? A four-term US