Market Chatter: Samsung Electronics Faces Protest Over Compensation Gap Between Divisions

MT Newswires Live07-15 16:40

Samsung Electronics (KRX:005930) faces renewed pressure after employees in its Device Experience division called for a planned protest on Thursday over a 100-fold compensation gap with the chipmaking Device Solutions division, the South China Morning Post reported Wednesday.

The Samsung Electronics Company Union, comprising employees mostly from the appliance-making division, plans a protest under the slogan "same company, same rights" following reports of DS employees receiving performance incentives of up to 600 million won.

Samsung Electronics did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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