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Labrish
Nyuuz
Samsung hands out fat bonuses, DRAM drama pays off
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[QUOTE="Munyaradzi Mafaro, post: 79523, member: 636"] Samsung is tossing out some absolutely wild performance bonuses this year, with its chip and memory division, called Device Solutions or DS, getting the fattest stack. Employees over there are reportedly seeing bonuses worth one hundred percent of their base salary. That insane payout, a huge jump from a twenty-five percent bonus earlier in the year, is mostly thanks to high DRAM prices and their work supplying HBM3E memory to NVIDIA. Their mobile division, called MX, is also cashing in with a seventy-five percent bonus, driven by solid sales of the latest Galaxy Z Fold and Flip phones. The real money maker for the DS division right now is basic DDR5 RAM, not just the fancy high-bandwidth stuff. A continuing industry-wide DRAM shortage is making them a fortune, with Apple also picking them as the main supplier for future iPhone memory. Their foundry and system LSI groups got smaller, twenty-five percent bonuses, but the company is betting big on its new two-nanometer chipmaking tech, called GAA, to turn the foundry business profitable. They already have deals with Tesla and some Chinese crypto firms for those two nanometer chips, and even their previously shaky four nanometer process just landed a massive order from an American AI company. This DRAM cash cow is not disappearing anytime soon, with the shortage expected to last for years. That gives Samsung plenty of runway and profit to fund its other projects, like improving yields on its new Exynos smartphone chip and scaling up its advanced manufacturing. The company basically wants to use this money to fix everything else in its chip business. [/QUOTE]
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Nyuuz
Samsung hands out fat bonuses, DRAM drama pays off
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