The Samsung labor union's wage agreement voting rate has surged, and it is now just one step away from final approval.

金十2026/05/25 00:43

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Golden Ten Data reported on May 25 that the largest union of Samsung Group has seen a sharp rise in voter turnout for the approval of the preliminary agreement on wage and collective bargaining for 2026. As a result, expectations for the deal's approval are rising. However, debates over fairness are expected to continue due to the significant bonus gap between the semiconductor division and the device experience division, as well as between the memory and non-memory departments. According to the union, as of 8:29 a.m. local time on the 25th (7:29 a.m. UTC+8), 49,363 out of 57,291 eligible voters had cast their ballots on approving the preliminary wage and collective agreement, resulting in a voter turnout of 86.16%. This vote is the final step in deciding whether to accept the preliminary wage and collective bargaining agreement reached by labor and management. The core of the agreement is to allocate 10.5% of DS division's operating performance as a special management performance bonus fund, which will be paid in the form of treasury stock. Industry insiders believe that members of the DS division, who account for about 80% of all union members, are highly likely to push the agreement through. As long as the majority of eligible members participate and a majority of those voting are in favor, the vote will be finalized. Voting will conclude at 10:00 a.m. on the 27th (UTC+8).

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Latest Update October 9 – The Financial Times reported on Thursday that Starbucks (SBUX.O) has explored a potential acquisition of Chipotle (CMG.N). This move would bring CEO Brian Niccol back to the Mexican burrito chain he once led. Starbucks declined to comment, saying the company remains "fully focused" on its business turnaround. Chipotle's stock fell about 4% to $31.32 on Friday, after surging 6.2% in the previous trading session. Limited strategic rationale BTIG expressed "high skepticism," stating that the deal does not make sense operationally, would cause significant dilution for Starbucks shareholders, and would disrupt management operations. "Over the years we've heard many stories about multi-brand acquisitions... but few have materialized, and even fewer have succeeded," BTIG noted. William Blair pointed out that Starbucks’ $9.4 billion net debt as of June makes it difficult to finance an acquisition and could push the combined company’s leverage ratio to about six times—considered high for the restaurant industry. D.A. Davidson stated the probability of the deal succeeding is 20% or less, given the significant differences between the brands and the apparent lack of clear synergies. Raymond James noted that due to the low overlap in menus, supply chain benefits are likely limited, while performance among multi-brand restaurant platforms has been mixed. eMarketer’s Suzy Davidkhanian commented that Niccol's familiarity may reduce execution risk, but investors might still see the deal as a "costly distraction" during Starbucks’ transformation. (For the convenience of non-English speakers, Reuters automatically translates its reports into several other languages. Automated translation may be inaccurate or fail to include necessary context; Reuters does not guarantee the accuracy of automated translated text and provides it solely for readers’ convenience. Reuters accepts no responsibility for any damage or loss resulting from the use of automated translation functions.)

路透社•2026/10/09 16:16