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South Korea·Trade & Economy·Protests

Samsung Electronics management calls for dialogue as workers threaten strike

Thursday, 7 May 2026, 16:53 · 1 min read

Samsung Electronics co-CEOs Jun Young-hyun and Roh Tae-moon have appealed for continued negotiations with the company's labour union after talks over performance bonuses broke down, with workers threatening an 18-day general strike from 21 May to 7 June. The dispute centres on demands for higher bonuses at Samsung Electronics (South Korea's most valuable company and the world's largest memory chip maker), which recently reported a sharp rise in quarterly profits driven by demand for AI-related semiconductors. Analysts warn the walkout could cost the company up to 30 trillion won ($20.3 billion) and disrupt global semiconductor supply chains, prompting South Korea's labour minister to urge both sides to reach a compromise.

Sources
YonhapSamsung Electronics top management calls for dialogue as workers threaten strike ↗︎
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