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SAMSUNG REJECTS UNION DEAL, STRIKE SET FOR MAY 21

Samsung Electronics has rejected a mediation proposal that its labor union had accepted, clearing the way for a general work stoppage on May 21. The rejection escalates tensions in ongoing wage and benefits negotiations.

6 SOURCESFIRST SEEN MAY 20, 04:50 AM► READ THE ARTICLE

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Samsung Electronics rejects a labor union-accepted mediation proposal, raising the prospect of a workers' strike; a general work stoppage will proceed on May 21 (Bloomberg)

Bloomberg: Samsung Electronics rejects a labor union-accepted mediation proposal, raising the prospect of a workers' str…

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Samsung Electronics and its South Korean labor union reach a preliminary pay deal; the union says it has suspended a general strike and put the deal to a vote (Reuters)

Reuters: Samsung Electronics and its South Korean labor union reach a preliminary pay deal; the union says it has suspen…

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Analysis: Samsung could distribute ~$26.6B to chip employees, or ~$340K each for its 78,000 staff, as a bonus in early 2027 as part of a last-minute union deal (Bloomberg)

Bloomberg: Analysis: Samsung could distribute ~$26.6B to chip employees, or ~$340K each for its 78,000 staff, as a bonus…

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Samsung's bonus deal is fueling employee resentment over a 100x payout gap between memory division staff and those making smartphones, TVs, and home appliances (Yoolim Lee/Bloomberg)

Yoolim Lee / Bloomberg: Samsung's bonus deal is fueling employee resentment over a 100x payout gap between memory divisi…

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A Samsung union representing its consumer electronics division says it asked a South Korean court to block a pay deal vote that mainly benefits chip workers (Reuters)

Reuters: A Samsung union representing its consumer electronics division says it asked a South Korean court to block a pa…

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Samsung's largest union approves a pay deal that would give chip workers an average bonus of ~$340K, with ~74% of members voting in favor, staving off a strike (Yoolim Lee/Bloomberg)

Yoolim Lee / Bloomberg: Samsung's largest union approves a pay deal that would give chip workers an average bonus of ~$3…

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