뉴스

Samsung bonuses, cheap loans stoke chip-belt housing boom

Samsung Electronics’ new compensation package for chip employees is raising expectations that fresh liquidity could further boost apartment prices across South Korea’s semiconductor corridor. The company and its labor union agreed on May 20 to introduce a low-interest housing loan program for employees, alongside a revamped performance bonus scheme tied to semiconductor profits. Under the housing program, employees without homes will be able to borrow up to 500 million won ($370,000) for home pu