Minister of Employment and Labor Kim Young-hoon enters the ministry's headquarters in Sejong, Monday. Yonhap

Samsung Electronics labor, management will resume talks at 4 p.m., Wednesday, with Minister of Employment and Labor Kim Young-hoon presiding over another mediation session.

This came just hours after the two sides on Wednesday failed to reach an agreement in their last-ditch talks, and the company’s labor unions said they will launch an 18-day strike on Thursday as planned.