The following appears on English.YonHapNews.co.kr


***I have just received word from Samsung Korea that there is compensation, but the article below references a number that is incorrect. I will update this if/when I find the revised piece. ~Andy

SEOUL, Oct. 29 (Yonhap) — About 6,000 employees of Samsung Electronics Co.’s printer business will receive about 60 million won (US$52,378) each in compensation, an industry source said Saturday, as Samsung agreed to sell its printer business to HP Inc.

Samsung’s shareholders approved the sell-off of the printer business to HP for $1.05 billion this week. The deal includes Samsung’s patents for printers and the employees.

Samsung and representatives of the printer division employees held eight rounds of talks since the deal was announced in September.


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Samsung shareholders approve $1B printing business sale to HP