In South Korea, historic bonuses for chip-firm workers are reportedly leading to a surge in demand for luxury cars.
In Japan, where companies in the semiconductor and artificial intelligence supply chains are also enjoying surging share prices, employees should be asking: Where¡¯s my Ferrari?
Japan¡¯s firms are crucial suppliers to the AI boom, including to the likes of Korea¡¯s SK Hynix and Samsung Electronics, where memory division staff have been offered amounts as high as $400,000 to stave off a strike. But even as Tokyo firms prepare to award customary summer bonuses, there will be nothing of that scale on offer: Those payouts are more than the average full-time staffer makes in a decade.
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