Samsung Union Plans Three-Day Walkout in Push for Better Pay
- The envisioned action adds to the tech company’s broader woes
- Rare move could exert ripple effects on Korea, chip sector
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The largest union at Samsung Electronics Co. said it will stage a three-day walkout beginning July 8, 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 some 28,400 workers, announced the decision Monday evening after the latest wage negotiations failed to yield breakthroughs. The two sides had resumed talks on June 13 after some union workers took a single day off on June 7, the first strike in the company’s 55-year history.