Samsung Executives Make Rare Union Visit as Strike Fears Mount

Samsung Electronics CEO Jun Young-hyun, second right, and executives from its semiconductor division visit the labor union office in Pyeongtaek, South Korea, on May 15.Source: Samsung Electronics

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May 15, 2026 at 11:53 AM UTC

Samsung Electronics Co.’s top management made a rare visit to leaders of the company’s largest labor union late Friday in an effort to revive stalled wage negotiations after government-mediated talks collapsed earlier this week.

Samsung shares fell 8.6% in Seoul trading Friday, underscoring mounting investor concerns over a strike that could disrupt operations at the world’s largest memory chipmaker. The union has threatened an 18-day walkout beginning May 21 if its demands are not met.