Samsung Electronics Korea Union postpones strike scheduled for tomorrow BlockBeats News: On May 20th, the Samsung Electronics Korea Labor Union announced the postponement of the strike scheduled for tomorrow. On the 18th, a South Korean court partially approved Samsung Electronics' request for an injunction against the union's proposed strike. If the Samsung union fails to comply with the court order to continue the strike, it will be fined approximately 100 million Korean won per day. The Samsung Electronics Union was scheduled to launch an 18 day strike starting from May 21st. The core reason is to hope to share more dividends in 2026 when the company's AI semiconductor business achieves historic high profits. The union demands the cancellation of the upper limit of performance bonuses, the institutionalization and transparency of using 15% of the company's operating profit as a source of performance bonuses, and a 7% increase in basic wages to narrow the salary gap with competitor SK Hynix. The management of Samsung is only willing to provide a one-time special bonus or a limited 10% profit plan, and does not agree to permanently change the system, fearing that it will increase long-term business burden, affect competitiveness and shareholder equity.