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Samsung dangles $560,000 bonuses to keep engineers from China

A Samsung memory chip worker earning about $60,000 a year could receive roughly $560,000 in bonuses before tax, according to the company’s largest union. Its estimate includes both Samsung’s existing profit-sharing bonus and a new special payment. Samsung hasn’t confirmed the amount. On October 7, the company outlined how that special bonus would work: 10.5% […]

The post Samsung dangles $560,000 bonuses to keep engineers from China appeared first on Asia Times.

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Why Americans pay 41% more for SK Hynix shares than Koreans

On September 30, SK Hynix’s American depositary shares closed at US$184.15 on the Nasdaq. Earlier that day in Seoul, one ordinary share closed at 1,776,000 won, about $1,308.80. Ten ADSs represent one Seoul share, so each ADS’s slice was worth about $130.88. Comparing those two closing prices gives the ADSs a 40.7% premium. The markets […]

The post Why Americans pay 41% more for SK Hynix shares than Koreans appeared first on Asia Times.

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