Union officials said about 40,000 members participated in the protest

The union has threatened to stage an 18-day walkout starting May 21 if negotiations with management fail, and claims that such action would cost the company more than 1 trillion won ($676 million) a day.

Samsung’s union, which represents about 74,000 workers, says the company has failed to offer adequate compensation despite its strong performance. It has rejected the management’s proposal for bonuses of restricted stock and has called for removing caps on bonuses.

The rally came hours after Samsung’s cross-town rival, SK Hynix, posted an all time high in quarterly revenue Samsung, which together with SK Hynix produces about two-thirds of global memory chips, forecast earlier this month that its first-quarter operating profit would reach a record 57.2 trillion won ($38.6 billion). That would be higher than the 37.6 trillion won ($25.4 billion) posted by SK Hynix on Thursday

Hope they win

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