Samsung, strike and labor union
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By Hyunjoo Jin SEOUL, May 15 (Reuters) - A looming 18-day strike at South Korean chip giant Samsung that has triggered worries within the government, rattled foreign investors and threatened global supply chains rests on one crucial question: who should share in the spoils of the AI boom?
Samsung Electronics’ entire executive leadership issued a rare public apology in Seoul on Thursday after government-mediated wage talks collapsed, leaving more than 50,000 workers poised to walk off t
Samsung Electronics has reportedly begun throttling semiconductor output by cutting new wafer input and placing lithography, etching, and cleaning equipment on standby.
Samsung Electronics Co.’s top management made a rare visit to leaders of the company’s largest labor union late Friday in an effort to revive stalled wage negotiations after government-mediated talks collapsed earlier this week.
Samsung Electronics has initiated an emergency production management regime for its semiconductor division, exactly one week before a scheduled general strike.
Samsung Electronics Co. and its labor union failed to reach a wage agreement Wednesday, raising concerns over a major strike later this month that could disrupt operations at the world's largest memory chipmaker.
Samsung and a South Korean labor union left the table without a deal on Tuesday. With these negotiations part of a last-ditch effort to salvage relations ahead of a planned May 21 strike that would last two weeks,