Samsung Workers Rally for Larger Share of AI Profits; 30,000 Gather at Pyeongtaek Chip Complex

Gate News message, April 23 — Tens of thousands of people gathered outside Samsung Electronics' major chip production facility in Pyeongtaek, South Korea, demanding a larger share of company profits generated by the artificial intelligence boom, according to Bloomberg.

Police told local media approximately 30,000 people participated in the rally, while organizers claimed attendance reached 39,000. Samsung's labor union is demanding that the company allocate 15% of operating profits from its chip division to employees, which would amount to over 4 trillion Korean won (approximately $2.7 billion).

Based on this calculation, each employee could receive over $400,000 on average, according to the figures presented by the union.