Samsung semiconductor bonuses in first half reach up to 100%

The Device Solutions (DS) Division, which oversees Samsung Electronics' semiconductor business, will receive performance bonuses of up to 100% of base pay for the first half of this year.
Samsung Electronics announced the first-half Target Achievement Incentive (TAI) payout rates for this year through its internal network on the afternoon of the 6th. The bonuses will be paid on the 8th.
Samsung Electronics' bonus system has three main components. First is the Target Achievement Incentive (TAI), which is paid twice a year, in early July and at the end of December. Next is the Performance Incentive (OPI), or excess profit bonus, which is paid at the end of January the following year and can reach up to 50% of annual salary. Under a labor-management agreement reached in May, the DS Division will also receive a special bonus for the semiconductor business in addition to the OPI.
The first-half TAI to be paid this month is based on performance and is awarded at different rates, combining evaluations of each business division and business unit, up to 100% of monthly base pay. In the Memory Business Division, the maximum TAI rate of 100% was set, matching the second half of last year. As solid performance is expected in the second half as well, the TAI for the second half is also likely to be paid at the maximum level. Within the DS Division, System LSI and Samsung Foundry were set at 75%, while the Semiconductor Research Center, SAIT, and shared units were set at 100%.
In the Device eXperience Division (DX Division), which makes finished products such as home appliances, the Visual Display Business Division, which handles TVs and monitors, was set at 50%. The MX Division and the Network Business Division were also set at 50%. The Digital Appliances Business Division will receive 25%.
Meanwhile, after the two TAI payments this year, the OPI, funded by 10% of operating profit, is also expected to be paid early next year at the maximum level of 50% of annual salary. A special management performance bonus agreed in this year's wage negotiations is also expected to be paid.