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Samsung employees to get lump sum bonuses this month
Samsung will offer hefty bonuses to its employees of the chip business unit at the end of this month. As reported by industry sources, this bonus will be 50 percent of employees’ respective annual salaries.
The company yesterday informed its executives and employees about the detailed plan for an annual incentive, called the Overall Performance Incentive (OPI).
Obviously, this is not the first time the Korean company is proving such heavy bonuses to its employees. Every year in January, Samsung rewards its executives and employees with up to 50 percent of their salary as a bonus, which is within 20 percent of the firm’s surplus profits.
As per the information, the company’s employees at the device solutions division in charge of the tech giant’s chip business will receive 47-50 percent of their payment, similar to OPI’s around 50 percent last year.
Whereas the Mobile eXperience division workers will get 29-33 percent of their annual salaries, the Network Business division will receive 22-26 percent, the visual display division will be paid 18-22 percent, and the consumer electronics business units workers will get 5-7 of their respective annual salaries.
Samsung today announced that it will hold a press conference on January 6, 2025, a day before the opening of the world’s largest information technology (IT) and consumer electronics exhibition, CES 2025, in Las Vegas, USA.
The event, featuring Vice Chairman Han Jong-hee, CEO of Samsung and head of the DX division, as the keynote speaker, will reveal Samsung’s Home AI innovations and strategy under the theme “AI for All: Everyday, Everywhere.”
The press conference will be streamed live on Samsung Newsroom.
Samsung’s CES 2025 invite also reveals that the Press Conference is open to all credentialed members of the media with a CES badge, and there is no need to register or RSVP.
However, it is highly recommended that participants arrive early as seats are very limited and will be provided on a first-come, first-served basis.
Samsung CES 2025 Invitation | Image: Samsung
CES 2025 is a great opportunity to showcase technological innovations. Rather than mobile, Samsung prefers Home AI and appliances to be showcased at the exhibition. It solidifies the Galaxy S25 unveiling to happen separately.
Samsung could introduce the new flagships in late January next year. Korean media reported that a Galaxy Unpacked could be held on January 22. The next-gen Galaxy flagships are expected to gain a positive response in the market.
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Samsung One UI 7 beta program to start on December 5, Android 15 is coming for the Galaxy phones
After months of waiting, we have an official confirmation. Thanks to Samsung Germany, we now know the specific release date for the Android 15-based One UI 7 beta program for Samsung Galaxy users.
The Samsung One UI 7.0 beta is scheduled to launch on December 5, 2024, initially for the Galaxy S24 series, including the Galaxy S24, Galaxy S24+, and Galaxy S24 Ultra.
This beta release will start in Germany, with expectations of a broader availability to other eligible countries soon after. The update is expected to bring visible design changes and new features to the user interface, enhancing the overall user experience.
However, specific details about all the new features in the One UI 7.0 beta have not been fully disclosed. Still, it’s set to be a significant update in terms of UI redesign and functionality.
The One UI 7 beta program is set to start initially in:
- Germany
Other countries expected to follow in subsequent phases, based on historical patterns, include:
- Korea
- United States
- India
- United Kingdom
- Poland
- China
However, the exact timeline for these countries can vary, and official announcements would provide the definitive schedule for each region.
Note: You can check the latest Samsung One UI 7 beta program banner on the Samsung Members app.
Samsung Electronics named a new CFO and announced plans to establish an AI Center for the future. The company has also strengthened AI R&D and deployed R&D personnel to the site to strengthen communication.
According to the info, Samsung appointed Park Soon-cheol as the CFO of the DX Division and unveiled the AI Center. As the chip process competition has intensified, Samsung has taken this special measure to build a foundation.
As the business environment surrounding Samsung is not easy, the message is that it will strengthen its internal stability. The DS division in charge of semiconductors significantly strengthened:
- AI research functions
- Established a responsible development system
- Implemented follow-up personnel
- Reorganization in the direction of integrating
- Development and support organizations.
The new Chief Financial Officer will coordinate communication between each business department and top management, and efficiently manage business strategies and financial operations.
The new AI center will be led by Vice President Song Yong-ho. VP Song plans to lead over 60 people to develop next-gen storage devices and lead technological innovation given the AI era.
In addition, the system LSI division appointed Vice President Choi Jin-hyuk as the head of the SoC business team. Vice President Choi plans to lead the development of application processor (AP) chips, which are Exynos.
Apart from this, Samsung has also divided the Foundry Division into two categories: Manufacturing and Technology. Technical organizations such as production process (Fab) and cleaning and diffusion were placed under the subsidiary.
- The message is for R&D personnel to communicate directly on the spot.