Samsung Electro-Mechanics' Performance Bonuses Halved in One Year... 12-19% of Annual Salary

High-Value FC-BGA Substrate Division
Likely to Receive About 18-19% of Annual Salary

[Asia Economy Reporter Moon Chaeseok] It has been confirmed that Samsung Electro-Mechanics plans to give year-end bonuses to its employees at a level of 12-19% of their annual salary. This is only about half of last year's amount.

According to industry sources on the 29th, Samsung Electro-Mechanics announced the expected payment criteria for OPI (Over Performance Incentive) on the company bulletin board this afternoon.

OPI is Samsung's representative performance bonus. It is given once a year and can be up to 50% of the annual salary. It is paid within a 20% limit of the excess profit when the annual performance of each business division exceeds the target amount.

Employees in the Component Business Division responsible for MLCC (Multi-Layer Ceramic Capacitor) are expected to receive performance bonuses at the level of 15-16%. The Optical Communication Solutions Business Division in charge of camera modules has set performance bonuses at 12-14% of the annual salary.

Meanwhile, employees in the Package Solutions Business Division responsible for semiconductor substrates such as FC-BGA (Flip Chip Ball Grid Array), which is considered a high value-added business, will receive performance bonuses at the level of 18-19%.

This is known to be only about half of the 31% paid last year.

The poor performance seems to have been fully reflected in the OPI. It is interpreted that the decline in MLCC profitability due to sluggish sales of Chinese smartphone companies and decreased PC demand had an impact.

In the securities industry, the consensus (estimate) is that Samsung Electro-Mechanics' operating profit this year will be 1.2882 trillion won, less than last year's 1.4869 trillion won.

Samsung Electronics and others also notified employees of the expected OPI payment rate the day before. The DS (Semiconductor) division was forecasted to be at a similar level to last year, around 47-50%.

The DX (Device Experience) division's payment rate took a direct hit. The VD (Visual Display) division in charge of TVs was informed that 18-22% would be paid, and the MX (Mobile Experience) division responsible for smartphones was told that 29-33% would be paid. The Network Business Division is at 22-26%, and the Home Appliance Business Division is at 5-7%.

Samsung Display set the OPI payment criteria at around 47-50% of the annual salary.

This content was produced with the assistance of AI translation services.