Samsung Electronics union to begin strike after bonus talks collapse
A union at Samsung Electronics says it will begin a strike on Thursday after negotiations over bonus payouts broke down. The planned walkout is centred on the South Korean chipmaker's profit-sharing arrangements and could affect production lines at one of the world's most important semiconductor companies. The union says the action will run for 18 days and involve about 50,500 workers.The dispute follows failed talks over a bonus cap set at 50% of annual salaries and a demand for 15% of operating profit to be allocated to bonuses. In a statement issued on Wednesday, the union said it had agreed... [Continue Reading]
360LiveNews | 20 May 2026 08:00 LONDON
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