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Samsung Electronics Union Announces Strike After Failed Wage Talks

The Samsung Electronics union announced plans for a major strike involving 48,000 workers, scheduled for May 21, after wage negotiations and mediation efforts collapsed. This marks the first major strike in the company's history, driven by demands for better profit-sharing amidst record AI-driven profits.

20 May, 01:20 — 20 May, 06:21
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Sources

Showing 6 of 10 sources
ReutersVery High5h ago

Samsung Elec set to face major strike on Thursday after union talks collapse - Reuters

Samsung Elec set to face major strike on Thursday after union talks collapse  Reuters

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straits-timesMostly Factual2h ago

Union says to strike Thursday at South Korea chip giant Samsung Electronics - The Straits Times

Union says to strike Thursday at South Korea chip giant Samsung Electronics  The Straits Times

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Korea HeraldMostly Factual28m ago

Samsung Electronics union to strike after mediation collapses

Samsung Electronics’ labor union said Wednesday it will proceed with a strike Thursday, escalating a wage dispute that has raised concerns over potential fallout for Korea’s economy and semiconductor industry. The National Labor Relations Commission said its second round of mediation between Samsung Electronics and the union ended without an agreement despite a proposal presented earlier in the day. According to the commission, the union accepted the proposal, but Samsung Electronics withheld ap

By The Korea Herald

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yonhap-englishMostly Factual3h ago

(LEAD) Samsung Electronics' union says it will proceed with strike Thurs. - Yonhap News Agency

(LEAD) Samsung Electronics' union says it will proceed with strike Thurs.  Yonhap News Agency

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seeking-alphaMixed29m ago

Samsung faces strike and chip disruption risk as labor talks fail

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RapplerMostly Factual1h ago

Samsung Electronics set to face major strike on May 21 after union talks collapse

Union leader Choi Seung-ho says the 18-day strike would go ahead as management had not come round on one remaining sticking point in talks mediated by the government

By Reuters

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