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I feel like I’ve been talking too much about myself, so to shift the conversation back to memory…
It looks like Samsung’s semiconductor division may genuinely be heading toward a strike. The union is demanding a performance bonus equal to 20% of operating profit, while management is holding firm, saying it cannot remove the cap on bonuses.
The union seems willing to do whatever it takes to eliminate the bonus gap with SK Hynix. There is a real possibility that Samsung’s memory production lines could actually be halted.
Once a line is shut down, it can take as long as two months to restart. The losses could amount to tens of billions of dollars.
That would be good news for Samsung’s competitors. In the near term, SK Hynix and Micron look like the obvious beneficiaries.
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