Samsung Electronics’ largest labour union confirmed it will proceed with an 18-day strike next week despite management’s proposal to resume talks. The dispute centres on performance-based bonuses linked to the company’s booming AI semiconductor business. The government warned the strike could severely impact South Korea’s export-driven economy and semiconductor production.
Seoul: Samsung Electronics’ largest labour union said on Friday it will proceed with a major strike planned for next week despite the company's proposal to resume talks without preconditions.
An official proposal was sent to the union earlier in the day, in what is seen as the management's latest effort to avert a planned 18-day strike beginning next Thursday that could disrupt production at the world's largest memory chipmaker.
The union reaffirmed its position that it has no intention of engaging in further dialogue unless its key demands on performance-based bonuses are addressed before another round of government-mediated talks proposed for Saturday.
"We are willing to hold discussions after June 7," Choi Seung-ho, head of Samsung Electronics' largest labor union, said, referring to the day after the planned strike is scheduled to end. "We intend to exercise the rights guaranteed under the Constitution."
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