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South Korea’s AI chip boom separates the haves from the have-mores

Huge bonuses for semiconductor workers are leaving those in traditionally prestigious jobs feeling relatively worse off

In the message group he shares with university friends, Samsung Electronics memory chip engineer Kim Jin-su says one topic has started coming up: how much he makes.

“Don’t you earn more than all the other five of us put together?” goes one recent comment. “Must be nice making so much money,” says another. 

Kim says the remarks are made with a laugh and “a little bit of self-deprecation”. But for many in South Korea, the sudden massive earnings potential of those making sought-after memory chips — who are in line for huge bonuses as they share the bumper profits accruing to national chip champions Samsung and SK Hynix — is becoming a source of division and even resentment.

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