Samsung Electronics, union hold last-ditch talks to avert strike threatening global supply chains - Reuters
Samsung Electronics, union hold last-ditch talks to avert strike threatening global supply chains Reuters
Coverage by Political Leaning
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Notable Quotes
"corporate management rights should be respected as much as labor rights in the country's free-market economy."
— Lee Jae Myung , Politician
"urged Samsung Electronics and its labor unions to reach a last-minute agreement ahead of a planned general strike, warning that a walkout at the country’s largest chipmaker could inflict 'fatal damage' to Korea’s economy."
— Kim Min-seok , Politician
"Employees joined the union as trust with the company was broken."
— Choi Seung-ho , Activist
"Although it may take time to restore trust, we hope that from this negotiation, efforts will be made so that we can move forward together."
— Choi Seung-ho , Activist
Key People
Chairperson of the supra-enterprise union at Samsung Electronics.
Vice President of Samsung Electronics.
Kim Min-seok is the current Prime Minister of South Korea, stepping down to pursue leadership of the Democratic Party.
Lee Jae Myung is the President of South Korea.
Chairman of Samsung Electronics.
DS People Team Leader at Samsung Electronics.
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<a href="https://news.google.com/rss/articles/CBMi0gFBVV95cUxQTS1TUUtVWHY4LWNkWVVfS0t0Q0FkdzBpOEY1LTktUFIxY2ViUXNVYzh6MFhRQ1p3NV9hMUs5NHRoNkhnMHVQU1pKYTVtTF9lT2k3a1F4YzF3bjR6cWloQ0pNc1ktLTVnWUpEeFUwLWs0OUtUdDRkSkk0Q3ROU01BdDQ4NmFXb3FoV3RYQVh0dEtVREZqOG04RlBoc01Nck1JdEx6NE15UWhWZGhaOXJfZld5dmlsUkFEbE1aT2tqemJWU0NFUXBKRVE5bnB4NExKV2c?oc=5" target="_blank">Samsung Electronics, union hold last-ditch talks to avert strike threatening global supply chains</a> <font color="#6f6f6f">Reuters</font>
Samsung Electronics and its South Korean labor union have resumed government-mediated pay talks to avert a strike scheduled to begin on May 21, 2026, which could disrupt global supply chains.
Samsung Electronics and its South Korean labor union are set to join a new round of government-mediated pay talks on Monday, in a bid to avert a strike at the tech giant, which accounts for nearly a quarter of the country's exports.
Prime Minister Kim Min-seok urged Samsung Electronics and its labor unions to reach a last-minute agreement ahead of a planned general strike, warning that a walkout at the world's largest memory chipmaker could inflict 'fatal damage' to Korea's economy in a rare public appeal.
Samsung Electronics management and labor, which have been in conflict over the announcement of a general strike, decided to proceed with additional talks on the 16th after replacing the management’s chief negotiator in response to the union’s demand.
Samsung Electronics and its largest labor union have returned to mediation talks three days before a planned general strike that threatens to halt production at the company's semiconductor facilities.
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