Samsung Electronics union calls first-ever strike

Businessβ€’May 30, 2024β€’1 min read

Samsung Electronics union calls first-ever strike

Samsung Electronics union calls first-ever strike

Samsung Electronics union calls first-ever strike

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The National Samsung Electronics Union, representing thousands of workers at Samsung Electronics, has announced plans for the first strike in the company's history. The union, which has about 28,000 members, is demanding a 6. 5% pay rise and a bonus tied to the company's earnings. In response, Samsung Electronics has expressed its commitment to continuing negotiations with the union. The company, known for being the world's largest manufacturer of memory chips, smartphones, and televisions, could face significant disruptions in its computer chip manufacturing and global electronics supply chains if a full-scale strike were to occur. The strike is scheduled for 7 June, with the possibility of a larger strike in the future.

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"Samsung Electronics workers are planning to hold a protest, which would be the first strike in the company's history."

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"The union has not ruled out the possibility of a full-scale strike in the future."

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