Information Technology Samsung's union extends strike indefinitely
The trade union has extended a three-day strike at South Korean technology giant Samsung Electronics, which began on Monday, for an indefinite period. The union justified the move on Wednesday by stating that the management was not prepared to enter into talks.
10.07.2024, 05:24
SDA
The strike by Samsung employees for higher wages began on Monday and, according to the National Samsung Electronics Union, more than 5,000 members walked off the job on Monday. The union has more than 30,000 members in total, which corresponds to over a fifth of the workforce.
According to the South Korean news agency Yonhap, Samsung stated on Tuesday that the strike would have no impact on work processes. A high-ranking trade union representative contradicted the company's statement, saying that production would definitely be affected. Samsung also manufactures high-quality memory chips that are important for the global economy.
First strike in June
There had already been a one-day strike in June - the first ever in the company's history. Samsung had previously successfully resisted any unionization of its employees for decades.
Samsung management has been in negotiations with the union since January. However, the two sides have not yet managed to bridge their differences. The union has rejected a 5.1 percent pay rise offered by the company. It is also insisting on an improvement in annual leave and the transparency of performance-related bonuses.
