Industry & Manufacturing6 min reading time

3,000% bonuses but a growing wealth divide: South Korea grapples with its AI chip boom

The Guardian
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South Korea's chipmakers Samsung Electronics and SK Hynix are experiencing a massive profit surge due to AI chip demand, leading to unprecedented bonuses for workers and a wealth boom. However, this prosperity is unevenly distributed, raising concerns about growing inequality and calls for broader profit sharing or taxation.

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