Samsung Elec, South Korea union to resume pay talks on Monday, union says - Reuters
Samsung Elec, South Korea union to resume pay talks on Monday, union says Reuters
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<a href="https://news.google.com/rss/articles/CBMiwwFBVV95cUxONkMzN1B2N09TUXhzRnRkV3ZQNkpZSmVLNFdaVVJndHo2dmFMdFZQQWt0ZUc3WjlNdHdyZmdLdlBwQi1Vd0JYeXdwMkpBTGR4RkI0bWJkV05zSXVVVFl1S1BZZ183NVZzTzEtTkFKdm5jbDZFZk4tQkpsazFTZVdsVXo5R3BUY2lFa0M2ZXlMcDFzSE1mSDJZSjJJQTgzMF9nMUtqNEFWc1hjbHNCNUNta0w1MFhDZjBvVF9wOEFUb2dhTEk?oc=5" target="_blank">Samsung Elec, South Korea union to resume pay talks on Monday, union says</a> <font color="#6f6f6f">Reuters</font>
Samsung Electronics and its South Korean labor union will resume pay talks on Monday with a government mediator, potentially easing concerns over a disruptive strike at the tech giant.
Samsung Electronics and its South Korean labor union will resume pay talks on Monday with a government mediator, potentially easing concerns over a disruptive strike at the tech giant.
Samsung Electronics' South Korean labor union remains committed to a planned strike starting next week, even after the company proposed resuming pay talks without conditions, leading to a significant drop in shares.
Samsung Electronics proposed resuming talks without conditions after government-mediated negotiations over pay and bonus schemes collapsed, but the union maintains plans for a strike from May 21.
Samsung Electronics urged its South Korean labor union to resume pay talks after government-mediated negotiations fell apart, with a threatened lengthy strike looming.
Samsung Electronics and its South Korean labor union will resume pay talks on Monday with a government mediator, aiming to avert a potentially disruptive strike. The union announced the resumption of talks and noted that Samsung had replaced its representative for the negotiations. Samsung declined to comment on the meetings. This development follows Chairman Jay Y. Lee's public apology to customers and the public over the labor dispute. ([thestar.com.my](https://www.thestar.com.my/tech/tech-news/2026/05/16/samsung-elec-chairman-apologises-to-customers-public-amid-labour-tensions?utm_source=openai))
Despite Samsung Electronics proposing unconditional talks, the South Korean labor union remains committed to a planned 18-day strike starting May 21. The union expressed willingness to hold talks after June 7, maintaining its strike plans. This decision led to a significant decline in Samsung's shares, highlighting concerns over potential production disruptions. ([investing.com](https://www.investing.com/news/stock-market-news/samsungs-south-korean-union-sticks-to-strike-plan-after-talks-offer-shares-slide-4691071?utm_source=openai))
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