Samsung Electronics Co. and its largest labor union resumed government-led wage mediation talks Monday in a last-ditch effort to avert a strike at the world's l

Samsung Electronics shares fell 9% as its labor union pushed ahead with an 18-day strike amid stalled wage talks.

Marathon negotiation sessions have failed to narrow differences between labor and management at Samsung Electronics, as bonuses from record-breaking profits remain a sticking point

While crisis has put South Korea on edge, government threatened to order arbitration

Samsung Electronics management and its labour union resumed negotiations on Wednesday ahead of a threatened 18-day strike by nearly 48,000 workers starting Thursday.