Samsung, Labor Union to Meet in ‘Last Chance’ to Avert Strike
Samsung workers during a rally ahead of a strike outside the company's semiconductor plant in Pyeongtaek, South Korea, in April 2026.
Photographer: SeongJoon Cho/BloombergSamsung Electronics Co. and its largest labor union are set to resume negotiations Monday to avert a strike that the nation’s prime minister warned could wreak havoc on the economy.
Management and the union representatives at the world’s biggest memory chipmaker will meet for the talks on wages and compensation, with Samsung having reported operating profit that soared on artificial intelligence-driven demand for its semiconductors.