AB Kuai.Dong
AB Kuai.Dong|5月 18, 2026 03:59
The president's visit to the company and the court's rejection of the union's request finally delayed the Samsung strike. Due to dissatisfaction with the one-time bonus of $340000 and the desire to increase the proportion and amount of dividends to employees, the Samsung union, which demands that the bonus be distributed on a regular basis every year, originally planned to hold an 18 day strike of 40000 people on May 21st. But today, the South Korean court decided to stand with Samsung and demanded that the strike action not affect production. If the union does not obey the order, it will be fined about 100 million Korean won per day. At the same time, South Korean President Lee Jae myung also issued a statement stating that the operating rights of enterprises should be respected just like labor rights. And it has been stated that if Samsung's labor management negotiations break down, the government may consider exercising emergency arbitration power and forcibly intervening. As previously estimated by JPMorgan, a strike at Samsung Electronics, a globally important storage chip manufacturer, could further exacerbate the global semiconductor supply tightening and potentially affect multiple industries such as automobiles, computers, and smartphones. So this strike has risen from a confrontation between unions and businesses to the national movement of South Korea, and now the government and courts have finally intervened.
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