Shulou(Shulou.com)11/24 Report--

February 2 news, according to foreign media reports, the decline in demand for memory chips, leading to a decline in prices and shipments, Samsung Electronics and SK Hynix, the two major memory chip manufacturers have also been affected, the former storage business and equipment solutions department (DS department) revenue and operating profit, two consecutive quarters of year-on-year decline, SK Hynix is also the case, thanks to the first half of the performance is good Their revenue also increased for the whole year, but their profits fell significantly compared with the same period last year.

Although profits in Samsung's storage business and SK Hynix fell sharply last year, they will still pay high performance bonuses to their employees.

From foreign media reports, Samsung Electronics memory chip business where the equipment solutions department and SK Hynix, have decided to pay high bonuses.

Specifically, employees in Samsung's device solutions division received a 50 per cent performance bonus from their annual salary in January. The performance bonus rate of the storage business unit was the same as the previous year, and the performance bonus rate of the contract manufacturing business unit and the LSI department of the system also remained unchanged.

SK Hynix, which posted a net loss of 3.5 trillion won in the fourth quarter and a full-year net profit of 2.44 trillion won, pays performance bonuses to employees on a profit-sharing basis, with employees receiving 41 per cent of their annual salary, slightly less than Samsung's 50 per cent.

Samsung's electronic device solutions division and SK Hynix still pay high performance bonuses to employees amid poor conditions in the chip industry, in sharp contrast to companies such as Intel and Micron that have announced pay cuts and suspended quarterly bonuses.

Foreign media reported that the two companies paid high performance bonuses because they used a certain percentage of operating profits as the source of performance bonuses. Industry observers believe that they pay out large bonuses to prevent good employees from job-hopping and to prevent wavering and instability within the company.

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