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[Alpha Biz=(Chicago) Reporter Kim Jisun] Samsung SDI decided with the labor-management council on the 9th that the wage increase rate for this year was 5.5%. This increase rate will be applied to all businesses in Cheonan, Ulsan, and Cheongju.
This is the increase rate proposed by Samsung SDI to the union on the 1st, with a basic increase rate of 3%, a 2% increase in high performance and another additional increase of 0.5%. The figure was higher than the average wage increase rate of 4.1 percent at electronics affiliates such as Samsung Electronics, Samsung Display and Samsung Electro-Mechanics based on its all-time performance.
However, the conflict with the union is not over. The union is insisting on a 10% increase.
It is pointed out that the wage increase rate is lower than that of the booming battery industry. Samsung SDI's sales and operating profit last year were 20.1241 trillion won and 1.808 trillion won, respectively. Compared to last year, it increased by 48.5% and 69.4%, respectively.
In the first quarter of this year, the company recorded sales of 5.3548 trillion won and operating profit of 375.4 billion won. It was the biggest sales ever in the first quarter, and sales exceeded 5 trillion won for the third consecutive quarter.
In the case of LG Energy Solutions, a competitor that has been having a performance party together since last year, the increase rate was 7.29% last year. This year, the LG Energy Solution Union has proposed a 11.26% wage increase, excluding a salary raise.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
