KOSPI, Samsung Soar After 11th-Hour Union Deal Averts Chip Strike; Workers Eye $340k Bonuses

KOSPI, Samsung Soar After 11th-Hour Union Deal Averts Chip Strike; Workers Eye $340k Bonuses South Korea's benchmark KOSPI jumped overnight after Samsung Electronics reached a tentative wage-and-bonus agreement with its main labor union, neutralizing the immediate risk of a paralyzing strike at the world's largest memory-chip producer. The wage-and-bonus deal removes a major supply-chain threat in an already tight memory market, where AI data center buildouts have driven surging demand, soaring prices, and heightened procurement risk across global semiconductor supply chains. Samsung Electronics' shares surged after it clinched an 11th-hour deal with...