Mass Exodus: Samsung Engineers Flock to Rival SK hynix

Around 200 Samsung engineers have applied for three positions at SK hynix, highlighting deepening challenges within Samsung's semiconductor division.

Samsung's semiconductor division is facing significant challenges, prompting engineers to seek opportunities at competitor SK hynix.
Approximately 200 Samsung engineers applied for just three etching engineer positions at SK hynix, a highly unusual move in the industry.
SK hynix's expanded Junior Talent program has attracted Samsung engineers with less than five years of experience, increasing the applicant pool.
Samsung recently warned of underwhelming third-quarter profits and is struggling to keep pace with competitors in advanced chip production.
Morale at Samsung is reportedly low, with internal discussions failing to provide solutions to retain talent amid intense industry competition.