Samsung and union talks end unsuccessfully, strike continues
Analysts warn that an extended strike by key personnel could exacerbate challenges for Samsung’s semiconductor division.
Samsung Electronics and representatives of its largest workers’ union in South Korea met on Tuesday, but the talks ended without a resolution. The union, on an indefinite strike since earlier this month over pay and benefits, said the gap between the two sides remains too wide for an agreement.
Lee Hyun-kuk, vice president of the National Samsung Electronics Union, representing about 30,000 members (nearly a quarter of Samsung’s South Korean workforce), conveyed this in a YouTube live broadcast. Union officials have urged the company to present a new offer by 29 July, with final negotiations planned through 31 July.
Analysts warn that a prolonged strike by key personnel could add to Samsung’s challenges as it competes in the AI semiconductor market. However, Samsung stated that the strike did not disrupt chip production.
About author
DW Team
The GIP Digital Watch Observatory team, consisting of over 30 digital policy experts from around the world, excels in the fields of research and analysis on digital policy issues. The team is backed by the creative prowess of Creative Lab Diplo and the technical expertise of the Diplo tech team.