Doris Hsu, chairperson of silicon wafer manufacturer GlobalWafers, has weighed in on the broader debate, saying that across GlobalWafers' 18 factories in nine countries, some have unions and some don’t, and that the key factor in business performance is whether a company shares profits with workers, not whether a union exists.
Samsung's deal, meanwhile, is already facing legal pushback. A shareholder lawsuit challenges the agreement on the grounds that committing a fixed percentage of operating profit to employee payouts over a decade conflicts with the capital demands of chipmaking at scale.
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Luke James is a freelance writer and journalist.\u00a0 Although his background is in legal, he has a personal interest in all things tech, especially hardware and microelectronics, and anything regulatory.\u00a0 ","collapsible":{"enabled":true,"maxHeight":250,"readMoreText":"Read more","readLessText":"Read less"}}), "https://slice.vanilla.futurecdn.net/13-4-24/js/authorBio.js"); } else { console.error('%c FTE ','background: #9306F9; color: #ffffff','no lazy slice hydration function available'); } Luke James Social Links Navigation Contributor Luke James is a freelance writer and journalist. Although his background is in legal, he has a personal interest in all things tech, especially hardware and microelectronics, and anything regulatory.
SSGBryan All workers should unionize – it is the only way to keep on an even playing field. Reply
bigdragon TSMC, Samsung, SK Hynix, and others have used their AI-driven shortage windfalls to exaggerate the difference in compensation between executives and average workers. I'd be angry too if I worked at TSMC and faced a huge bonus cut in the face of record profits and record demand. Those employees don't deserve to have their bonuses cut, and the idea of cutting the percentage to make the bonuses closer to the previous year's payout is disgusting given that the company is doing so much better this year than last year. Everyone should benefit. SSGBryan said: All workers should unionize – it is the only way to keep on an even playing field. As long as those unions stay focused on compensation and worker quality of life then we're good. The problem I see with most unions is that they try to exert decision-making control over companies and get involved in politics. I think the strongest role of a union is to shrink the gigantic disparity between executive compensation and average worker compensation such that a successful company rewards all its employees rather than just a handful in the C-suite. Reply
SSGBryan bigdragon said: TSMC, Samsung, SK Hynix, and others have used their AI-driven shortage windfalls to exaggerate the difference in compensation between executives and average workers. I'd be angry too if I worked at TSMC and faced a huge bonus cut in the face of record profits and record demand. Those employees don't deserve to have their bonuses cut, and the idea of cutting the percentage to make the bonuses closer to the previous year's payout is disgusting given that the company is doing so much better this year than last year. Everyone should benefit. As long as those unions stay focused on compensation and worker quality of life then we're good. The problem I see with most unions is that they try to exert decision-making control over companies and get involved in politics. I think the strongest role of a union is to shrink the gigantic disparity between executive compensation and average worker compensation such that a successful company rewards all its employees rather than just a handful in the C-suite How to tell everyone that you have never been involved with a union. Unions are run by the union members, not the Illuminati. As long as corporations are involved in politics (representing capital), then unions will be involved (representing labor). Reply
DS426 SSGBryan said: How to tell everyone that you have never been involved with a union. Unions are run by the union members, not the Illuminati. As long as corporations are involved in politics (representing capital), then unions will be involved (representing labor). Hmm, slight difference in opinion here, at least in the U.S… depending on which industry you're talking about, Unions are ran by Union bosses, not the members. Sometimes, members don't find this out until 5-10 years in when contract negotations go thru their rounds and even a majority demand is even presented by the bosses. Crony capitalism, crony labor representation. Practical reality is very different from ideal reality. Reply
SSGBryan DS426 said: Hmm, slight difference in opinion here, at least in the U.S… depending on which industry you're talking about, Unions are ran by Union bosses, not the members. Sometimes, members don't find this out until 5-10 years in when contract negotations go thru their rounds and even a majority demand is even presented by the bosses. Crony capitalism, crony labor representation. Practical reality is very different from ideal reality. And just how do these "Union bosses" magically appear? Reply
Key considerations
- Investor positioning can change fast
- Volatility remains possible near catalysts
- Macro rates and liquidity can dominate flows
Reference reading
- https://www.tomshardware.com/tech-industry/SPONSORED_LINK_URL
- https://www.tomshardware.com/tech-industry/tsmc-employees-threaten-samsung-style-strike-over-rumored-15-percent-bonus-cuts-despite-record-profits#main
- https://www.tomshardware.com/subscription
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