How South Korea's silicon belt is changing its society
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KUHN: They threatened to go on strike. Samsung agreed to give 78,000 workers 12% of the chip division's profits as bonuses. If they meet production targets, some workers could get bonuses of up to $400,000 in stocks and cash - roughly three times their average salary. Meanwhile, Samsung's rival SK Hynix gave its workers a 10% cut of profits. Together, the two companies' bonuses could add up to about 2.5% of South Korea's GDP.

The chip boom has sent Dongtan's real estate prices surging. Real estate agent Yoo Chang-wan sells apartments in a building where prices for four-bedroom apartments have risen to more than $1.7 million. Yoo says that Dongtan residents enjoy excellent schools and facilities, including several golf courses.

YOO CHANG-WAN: (Through interpreter) Since folks working at Samsung Electronics and Hynix have a lot of disposable income, they play a lot of golf.

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