Samsung Electronics on the 22nd announced via its intranet the payout rate for the second-half Target Achievement Incentive (TAI). TAI, one of Samsung Electronics' performance-based bonus programs, is paid once each in the first and second half every year based on results, combining institutional sector and division evaluations to pay different amounts up to 100% of the monthly base salary.
According to the Samsung Electronics intranet that day, the Device Solutions (DS) institutional sector, which handles Samsung Electronics' semiconductor business, will receive up to 100% of base salary as a performance bonus for the second half. In the Device eXperience (DX) institutional sector, the MX division, which handles smartphones, and others will receive 75% of base salary as a performance bonus.
The memory division in the DS institutional sector was set to receive 100% TAI. Compared with the 25% received in the first half, this is a sharp increase. It is analyzed that results improved as the company expanded its HBM supply customers in the second half and prices of general-purpose DRAM rose on the back of growth in the artificial intelligence (AI) industry. In addition to the memory division, within the DS institutional sector, System LSI is set at 25%, foundry at 25%, and the Semiconductor Research Center at 100%. SAIT (formerly Samsung Advanced Institute of Technology) will receive 37.5% TAI.
In the Device eXperience (DX) institutional sector, the Visual Display (VD) and Digital Appliances divisions will receive 37.5% and 37.5% of monthly base salary, respectively. The Mobile eXperience (MX) division, buoyed by strong sales of the Galaxy Z Fold and Flip 7 launched in the second half, was set at 75%, the highest payout rate among DX institutional sector divisions. The medical devices division, the networks division, and the Harman cooperation team will also receive 75% TAI.
Samsung Display, a subsidiary of Samsung Electronics, set the large-sized division that handles TV panels at 50% of monthly base salary, and the medium-small division responsible for information technology (IT) panels at 50%.
Affiliated company Samsung Electro-Mechanics announced the TAI payout rate on the 19th. The Package Solution Division, which handles the semiconductor substrate business, was set at 75%, while all other divisions, including the Component Division responsible for multilayer ceramic capacitors (MLCC) and the Optical Solution Division, were set at 100%.