Samsung Union Plans First-Ever Strike as Wage Talks Falter

  • The union is largest among several at the Korean company
  • Samsung has been playing catchup in memory chips for AI
Lock
This article is for subscribers only.

Samsung Electronics Co.’s labor union said it plans to carry out its first strike ever, adding to the challenges for South Korea’s largest company as it seeks to recover from setbacks in its semiconductor business.

The National Samsung Electronics Union, the largest of the tech giant’s several unions with about 28,000 workers, announced the decision Wednesday after wage negotiations with management stalled. The two sides have been in discussions since the start of this year but have failed to resolve their differences.