ReferIndia News UPDATE 6-Samsung Elec set to face major strike on Thursday after talks with union collapse

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UPDATE 6-Samsung Elec set to face major strike on Thursday after talks with union collapse

Published on: May 20, 2026, 11:24 a.m. | Source: Devdiscourse

Samsung Electronics' union plans for 48,000 workers to walk off the job on Thursday after efforts to clinch a deal on bonus payments fell through, threatening the health of South Korea's economy and denting the global supply of semiconductors. Bowing and holding back tears, union leader Choi Seung-ho said ‌the union had accepted a final proposal presented by a government mediator, but the 18-day strike would go ahead as management had not come round on one remaining sticking point.

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